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San Diego has 14% city reserve to depend on

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The city council unanimously approved an increase in the 8 percent city reserve to 14 percent on Monday. Dollars in the reserve will raise up to 150 million dollars.

Risks of San Diego citizens experiencing a services cut back now become small. The mayor and city council can run the city during the ongoing recovery years, and keep funing options open. Recessionn budget shortfalls no longer cause worry in the city.

City employees will not be asked to give up workers compensation or long term disability dues to lack of city funds. The reserve guarantees benefits will not lower.

THis is a Center Line Policy Alert.

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