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The City Increased Its Surplus From PLN 11 Million to PLN 340 Million. The Treasurer Reveals What Worked.
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Expenditures should grow slower than revenues – a principle Bydgoszcz has been following for years. The result is a multiplying operating surplus, lower debt than in 2012, and an increasing scale of investments. Piotr Tomaszewski, Bydgoszcz's treasurer, discusses what could shake the city's finances and why the current method of dividing personal income tax revenues requires change.
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