http://www.bizjournals.com/twincities/stories/2004/06/07/daily3.html? f=et86

From the story:

The New York-based rating agency noted in a statement Minneapolis' economy has limited volatility, and the city has "strong and consistent budgetary performance, ample financial flexibility and moderate tax-supported debt levels."

But, Fitch warned, Minneapolis' financial risks have grown. The city faces higher expenses for services it provides and pension funds for city personnel, including the police, are expected to put increased demands on city money.

David Brauer
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