Pew: Atlanta Budget Gap at $48.5 Million
(Atlanta Journal Constitution) — Atlanta and several other major cities face another year of significant budget gaps, according to a report released by the Pew Charitable Trusts’ Philadelphia Research Initiative Wednesday. Budget shortfalls for the most part are smaller this year, but cities are scrambling to find new or additional revenue streams, according to “Not Out of the Woods: The Recession’s Continuing Impact on Big City Taxes, Services and Pensions,” which is an update of two prior studies done by Pew.