Sentences with phrase «persistent operating deficits»
Despite being one of the wealthiest communities in the state, Oyster Bay saw its bond rating reduced to junk status in April amid swelling pension costs and persistent operating deficits.
http://www.nystateofpolitics.com/ Not exact matches
But Curran said that since taking office Jan. 1, she's had to focus urgently on averting a financial storm driven by ballooning operating expenses and persistent budget deficits.