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Detroit City Council adopted the mayor's proposed $2.7 billion budget five minutes before midnight after long discussions Monday regarding recommended uses of the city's one-time funds.
Michigan Gov. Gretchen Whitmer held a media event at Detroit Fire Department Engine House 52 in Detroit to sign a bipartisan general budget for the 2025 Fiscal Year on Wednesday, July 24, 2024.
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Declining city revenue led to the cash-flow shortfall in Detroit. In 2005, the city's budget was facing a $300 million deficit, sparking fears of potential receivership. [20] In 2013, Detroit’s revenue had fallen over 20% from its 2008 level. [21] Revenue fell due to Detroit’s declining population, which reduced the property and income tax ...
The largest projects in the Philippine Economy includes both megaprojects, costing over $1 billion, and other large investment projects, typically costing between $10 million and $1 billion. Projects with investments below $10 million also may be included here, either as parts of larger projects, or in case of major international significance ...
In the Philippines, this is characterized by continuous and increasing levels of debt and budget deficits, though there were improvements in the last few years of the first decade of the 21st century. [2] The Philippine government's main source of revenue are taxes, with some non-tax revenue also being collected. To finance fiscal deficit and ...
Mayor Mike Duggan presented his proposed $1.2-billion budget for the 2023 fiscal year on Monday before City Council. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 ...
Duterte also accused Marcos, First Lady Liza Araneta Marcos, and Speaker Romualdez of orchestrating the PI [34] and called on the Armed Forces of the Philippines (AFP) and the Philippine National Police to "protect the constitution"; he also vowed to arrest the proponents of the PI if he were to ever return to power. [35]