Birmingham

City
Favicons?domain=wwwUSATODAY.com | May 03, 2009

States and cities borrow big

...issue for a new high school six months ago because of the credit crisis. Last week, the city borrowed $28 million "without a hitch," city Treasurer Phyllis Webb says. The 4.67% interest rate was lower than the city expected, she says.

In this article: Recession, University of Virginia, USA Today, Sioux Falls, S.D., Birmingham, and California

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