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In July 2009, a group of residents calling themselves " University City citizens for Transparency and Accountability " said they would begin collecting the 2, 233 signatures necessary to have the State of Missouri audit the City's finances.
The City has been facing severe financial woes over the last few years and an attempt to balance the 2010 budget by creating a 0. 25 % sales tax was defeated by city voters on August 4, 2009.

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