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Minnesota's cities are rapidly going broke. If no changes are made in spending or revenue collections, cities of all sizes across the state will be running deficits by 2015, according to a new report commissioned by the Minnesota League of Cities. A decade after that, cities will see revenues run, on average, 35 percent short of spending needs.

Report: Minnesota cities seeing red

Minnesota's cities are rapidly going broke. If no changes are made in spending or revenue collections, cities of all sizes across the state will be running deficits by 2015, according to a new report commissioned by the Minnesota League of Cities. A decade after that, cities will see revenues run, on average, 35 percent short of spending needs.

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