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Cities and Towns Feel Pressured By State’s Fiscal Woes

Bristol City Hall

Connecticut’s cities and towns will continue to feel financial pressure based on their exposure to fiscal uncertainties and adverse economic and demographic trends, according to a new report released by Moody’s Investors Service.

However, cities and towns will experience that financial stress differently. Towns in the suburbs of Fairfield County with bigger fund balances and a more stable tax base will be more insulated than cities like Hartford, New Britain, and Waterbury.

Read the full report here.

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