How 10 Major U.S. Cities Are Dealing With Budget Troubles

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Albuquerque, N.M.

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With his recently passed fiscal year 2012 budget, Albuquerque Mayor Richard Berry closed a projected $40 million shortfall. The most recent budget did not increase taxes; rather, the budget cut costs in numerous other ways, including the permanent elimination of 149 vacant positions. Also, by renegotiating health care services and awarding those services to a single provider, the city saved over $4 million for fiscal year 2011-12.

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