The National League of Cities’ 29th annual survey of city finance officers reveals that although the worst is behind, cities' fiscal conditions have not yet returned to full recovery following the Great Recession.
This report examines state-local fiscal structures and the way in which state fiscal regimes do or not create a fiscal environment that makes it difficult for municipalities to effectively fund their own activities - including those that contribute to economic development at the local and regional levels.
Public finance is fundamental to the activities of cities and towns and to the health of the national economy. It's how cities pay for the services, invest in infrastructure and support the municipal workforce. NLC has been tracking city fiscal conditions for nearly 30 years, and this information provides the only source of annual finance data for the municipal sector.
Our work features survey and other research reports on the structure, health, and factors affecting city finances, as well as resources for city officials to use in making better decisions.
The National League of Cities’ 28th annual survey of city finance officers reveals an overall picture of a gradually improving economy and improving city fiscal conditions.
Public sector employment has consequences for the quality of economic recovery since the majority of local government jobs are mid-wage.