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Minneapolis expected to dip into reserve funds for the first time in 10+ years

Minneapolis expected to dip into reserve funds for the first time in 10+ years
Photo: KSTP 5 Eyewitness News (ABC) · view original

Minneapolis leaders say the city’s General Fund is expected to fall below the required minimum balance by the end of the year, dipping into its emergency reserves for the first time in more than a decade. A city budget chart shows the General Fund forecasted to fall $22 million or more below the...

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