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Despite anticipated lower sales tax revenue, Mission Viejo’s budget remains balanced

By mvlife on April 6, 2009

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With a nationwide sluggish economy and factors outside the City’s control, the City expected and planned for lower fourth quarter 2008 sales tax revenue. As a result, the City’s budget remains balanced thanks to sufficient expenditure savings the City has made to offset the revenue decline. Preliminary fourth quarter (October-December) 2008 sales tax figures are [...]

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