CHICAGO - A series of fiscal challenges await triple-A rated Omaha's new mayor and a City Council that take office Monday as revenues falter and pension liabilities pose a long-term strain.

The transition in leadership with incoming Mayor Jim Suttle comes as the city's finance team remains busy with a handful of financings. Omaha recently sold $65 million of lease revenue bonds and will sell another $45 million next spring to finance construction of a new NCAA World Series stadium.

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