Is Everything For Sale When Municipal Budgets Are Tight?

It's not just Snapple getting an exclusive deal in NYC, smaller cities are getting into the game.

1 minute read

January 29, 2004, 10:00 AM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech

"Space for rent: water tower, police cruiser, sewer line, city park, city hall. During the past three years, Michigan has cut more than $422 million from the money it was expected to share with local governments to help balance its own budget. As a result, cash-strapped suburbs of Metro Detroit have cut back on services, laid off workers and put off civic projects. Now, with another $1 billion in state budget cuts looming, communities have been forced to get creative as they try to make ends meet. Some are renting out advertising space on city-owned property; others are selling or leasing city property; still others are joining forces with their neighbors to pool resources."

Thanks to Richard Layman

FULL STORY: Suburbs scour new avenues for revenue: Ads on police cars, water towers among tactics to raise cash

Tuesday, January 27, 2004 in The Detroit News

Housing Michigan

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