BRADENTON, Fla. — Jefferson County, Ala., faces a $77 million deficit by the end of the fiscal year due primarily to the loss of tax revenues while “contingent” expenses could render the county insolvent, according to the national turn-around firm FTI Consulting.

FTI’s released a 23-page report this week suggesting ways the county could achieve budgetary savings, though not enough to cover the anticipated deficit and capital deficiencies at the county-owned hospital. It also touched on what the county faced if bankruptcy is considered.

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