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Finance

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. 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. 

Finance subtopics include:

Recent

  • Press Release

WASHINGTON — This afternoon, the conference committee appointed to reconcile the different versions of the Tax Cuts and Jobs Act (H.R. 1) released their conference report. In response, National League of Cities (NLC) President Mark Stodola, mayor…

U.S. Capitol Building
U.S. Capitol Building
  • Press Release

WASHINGTON — December 2, 2017 — Early this morning, the U.S. Senate passed its version of the Tax Cuts and Jobs Act (H.R. 1). The bill lowers the corporate tax rate and doubles the standard deduction, but limits or eliminates some deductions,…

U.S. Capitol Building
U.S. Capitol Building
  • Press Release

WASHINGTON — November 16, 2017 — Today the U.S. House of Representatives passed the Tax Cuts and Jobs Act (H.R. 1). The bill introduces a new structure of income tax brackets, a lower corporate tax rate, nearly doubles the standard deduction and…

U.S. Capitol Building
U.S. Capitol Building
  • Research Report

The nation’s smaller cities and towns have a culture, vibrancy and uniqueness all their own.

While innovations such as driverless cars, demand-price parking and data-crunching sensor networks might be pioneered…

  • Press Release

WASHINGTON — November 2, 2017 — Today, leadership in the House of Representatives coalition released details on its long-awaited tax reform plan. As proposed, the bill introduces a new structure of income tax brackets, a lower corporate tax rate…

U.S. Capitol Building
U.S. Capitol Building
  • Press Release

WASHINGTON — October 19, 2017 — Today, the Senate passed an amendment proposed by Senator Capito (R-W. Va.), which jeopardizes the deductibility of state and local taxes (SALT). In response to today’s announcement, NLC President Matt Zone,…

U.S. Capitol Building
U.S. Capitol Building
  • CitiesSpeak

This is the first piece in a three-part series about pensions and healthcare. Each piece will include insights gained at different state municipal league meetings across the country.

The National League of Cities recently visited Wichita…

A city at night.
A city at night.
  • Press Release

WASHINGTON — September 27, 2017 — Today, the “Big 6” coalition released a tax plan that broadly outlined goals for tax reform. The plan suggests that most itemized deductions would be eliminated to offset lower tax rates, which will likely…

Treasury Secretary Mnuchin and Gary Cohn
Treasury Secretary Mnuchin and Gary Cohn
  • CitiesSpeak

When the Great Recession hit in America, city governments felt the effects acutely. Growth in municipal budgets contracted noticeably as hiring freezes, service changes, and even bankruptcies rolled across the country.

Now, that…

San Francisco, by Getty.
San Francisco, by Getty.
  • Press Release

32nd annual City Fiscal Conditions report identifies trend last seen in 2006 prior to Great Recession

WASHINGTON, D.C. – September 12, 2017 – New National League of Cities (NLC) research indicates a potential slowdown in…

CFC
CFC