Local Government and Politics, News

Lynn’s $368M fiscal year 2020 budget is balanced

LYNN — Despite a projected $5 million deficit for next year, chief financial officer Michael Bertino said the city’s proposed $367.93 million fiscal year 2020 budget is balanced, but doesn’t factor in potential raises that could come through ongoing union contract negotiations. Mayor Thomas M. McGee has submitted the budget to the City Council, which…

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