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Anthony Farnum

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An aging population, low wages and a “brain drain” of talent to larger cities pose significant barriers to economic growth in the Twin City over the next two decades, while the cities’ downtown revival and a music industry ripe for growth could help push it forward, according to a report released Wednesday by the Bristol Chamber of Commerce.

Ongoing disagreements over the real estate tax rate and a perceived need to hire a city attorney were among the reasons two Bristol Virginia City Council members cited Tuesday for voting against the city’s $54.8 million fiscal 2021-22 general fund operating budget.

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