Recession-ender: Albemarle budget ready to grow
The Hook Tuesday, February 26, 2013 at 5:38 p.m.
The sun has come out and the recession is over, if Albemarle's 2013-14 fiscal year budget is any indicator. The county's budget was grim grim grim in 2010, reflecting the nosedive in real estate values and in corresponding property tax revenue. Last year's was slightly improved, with county exec Tom Foley calling it a "half-smile" budget after unrelenting cuts since 2008.
This year, he's moved to "very optimistic" in describing the financial picture. "I don't want to talk about recovering from the recession," he says. "I want to look to the future."
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