Hard times all over | Arkansas Blog

Monday, October 5, 2009

Hard times all over

Posted By on Mon, Oct 5, 2009 at 5:24 AM

Argenta News says North Little Rock's revenue collections may fall behind this year by as much as $2.5 million. Little Rock is looking at making up $3 million.

Word to city leaders: Tapping reserve funds still amounts to deficit spending. It's like a second mortgage. The piper eventually must be paid. See Pulaski County government. See America when lines of credit finally tapped out.

 


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