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Fresno EOC Spending Depleted $8 Million Reserve. Agency Needed $5 Million Loan to Survive

It took only five years for the Fresno Economic Opportunities Commission, one of the nation’s oldest anti-poverty organizations, to impoverish itself, interim Chief Executive Officer Brian Angus told the commissioners this week. Angus’ presentation at Monday’s board meeting revealed publicly for the first time the extent of the agency’s over-spending...

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