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City waiting to finalize budget until lawmakers address state finances

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After addressing about three quarters of the city budget, councilors are delaying further action until the state decides how to gets its own financial house in order. City Manager Joseph Slocum proposed an $8,221,967 budget for the 2013-2014 fiscal year. The budget represents an increase of 1.1 percent, or $82,006, in spending, while Slocum noted in a report that he anticipates tax revenue will drop $116,034, or ...

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