Lawrence: The next Springfield?
Two years ago, CommonWealth found civic leaders in Lawrence "Thinking Big" about the city's future.
Not anymore. On Wednesday, Gov. Deval Patrick travels north for a closed door meeting with state and city officials to discuss a likely Bay State bailout for the troubled Merrimack Valley city. The city's 2010 fiscal year deficit recently shot up from $9.5 million to $17 million after newly elected mayor William Lantigua announced finding another $8 million in cost overruns for municipal building projects.State emergency assistance totaling $5 million is already on the way. Patrick and state lawmakers will probably hammer out the final details that will allow the city to borrow funds to shore up municipal finances. The state is also sending a financial troubleshooter to the city.
Residents aren't optimistic either. "Time for a control board and a fresh start," opined one Eagle Tribune reader.