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City of Cumberland Financially Sound

November 27th, 2023 by WCBC Radio

The financial situation of the City of Cumberland seems to be a good one right now.  At the recent work session for the Mayor and Council, City Comptroller Mark Gandolfi presented a debt-affordability study that seemed to put a positive light on finances and debt service.  Mayor Ray Morriss agrees the City is doing well right now but does see there is some needed work that will have to be addressed in the coming years…