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Th Grand Jury releases a report on the financial management of the City of Chico.

According to the report, posted online Wednesday, despite the decline in city revenues and some city staff taken a pay cut - City managment and some employees received substantial increases in salary. The Grand Jury found that the city's upper level managment failed to report complete and accurate information to council members between 2008 and 2012. The Grand Jury, however, did not find any evidence of illegal activity by city management.

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