Word: municipales
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The financially strapped city government got some good news earlier this week, when Merrill Lynch, Pierce, Fenner and Smith, the nation's largest underwriter of municipal debt, said Cambridge remains relatively fiscally healthy.
The Merrill Lynch analysts looked at the percentage of municipal budget devoted to "essential services"--police and fire protection, sanitation, debt service, retirement pay, and assessments to support the Massachussetts Bay Transportation Authority.
Massachusetts voters who supported Proposition 2 1/2 last November neither wanted nor expected cutbacks in municipal services, and were instead attacking what they perceived as inefficiency and corruption in state and local government, a study conducted by two professors at the Kennedy School of Government concludes.
3. Filter moisture into underground water tables for private and municipal wells.
True, they flew into town aboard private jets, and both had the customary squads of professional chums. But the sold-out performance by Frank Sinatra and Sammy Davis Jr. at Atlanta's Civic Center last week was a starry burst of altruism: the $148,000 in concert receipts went...