Financial Challenges Facing Atlanta

Mayor Shirley Franklin talked about the financial challenges facing the city of Atlanta. Atlanta is one of the cities that have requested that the federal government use a portion of the $700 billion financial bailout to assist struggling cities. Atlanta has had crises from sewers and other infrastructure. In her last year as mayor, an estimated $60 million projected shortfall in revenue would require measures such as reduced wages for city employees, a hiring freeze, and closing some city parks and recreation areas.