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Miami Faces Massive Budget Mess After Political Scandal
Miami confronts a projected 68 million deficit for the year ending next September with a 200 million budget and junk bond ratings. Gov. Lawton Chiles sets up an oversight board to advise on finances while city managers and unions push for revenue raises such as a higher garbage fee.
MENTIONED IN THIS ARTICLE
Maryann Haggerty
Washington Post
Miami
Lawton Chiles
Chiles
Tallahassee
Joe Carollo
Ohio
FBI
Merrett Stierheim
Dade County
Thomas Tew
Florida
Carollo
Stierheim
Wall Street
New York
Standard & Poor’s
S&p
Moody’s