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A bottoms up approach to deficit reduction: Palo Alto's Strengthening the Bottom Line initiative.

Government Finance Review

| April 01, 2003 | Benest, Frank; Yeats, Carl | COPYRIGHT 2003 Government Finance Officers Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Located on the peninsula between San Jose and San Francisco, the City of Palo Alto has a nighttime population of 60,000 that balloons to 150,000 during the weekday. The "birthplace of Silicon Valley," Palo Alto is home to Stanford University and many high-tech firms, including the global headquarters of Hewlett-Packard. While the city is closely identified with information technology, Palo Alto boasts a diversified economy composed of retail, manufacturing, business services (e.g., legal, financial), hospitality, and entertainment.

Palo Alto is a council-manager government that employs approximately 1,200 workers. A full-service city, Palo Alto provides all ...

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