> I don't think cities can run a deficit. Lol | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		chrisseaton on Feb 28, 2021 \| parent \| context \| favorite \| on: Police misconduct settlements > I don't think cities can run a deficit. Lol

smnrchrds on Feb 28, 2021 [–]

In Alberta (and perhaps elsewhere in Canada), cities are legally not allowed to run deficits.

chrisseaton on Feb 28, 2021 | [–]

New York City is running a budget deficit of $5,250,000,000.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact