BRADENTON, Fla. — Birmingham’s current budget is underfunded by $20 million, the new acting mayor announced yesterday in a disclosure that could lead to a review of the Alabama city’s double-A credit rating.

Acting Mayor Carole Smitherman told the City Council yesterday that finance director Steve Sayler had resigned and that she had discovered “the finance office knew when we passed the budget for this year that the budget number would fall $20 million short of the amount needed by the city’s departments.”

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