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A 5.8 percent solution
Council looks to close hole in city's budget
Cuts totalling nearly $230,000 will be voted on Monday, March 2, as the New Prague City Council looks to close a 5.8 percent shortage of revenues to its 2009 budget.
The shortage is slightly more than the $228,688 in Local Government Aid (LGA) that the city had anticipated, but will not receive due to the nearly $5 billion shortfall in the state's budget. Gov. Tim Pawlenty announced the proposed cuts in LGA earlier this month. The reductions are being made in the city's General Fund budget.