This year’s City Fiscal Conditions research looked at the fiscal conditions and factors across 500+ U.S. cities.

Some key takeaways?

  • Almost two in three finance officers in large cities are predicting a recession as soon as 2020
  • Cities’ revenue growth stalled in the 2018 fiscal year, but this year’s continued drop indicates mounting pressures on city budgets
  • The Midwest is bearing the brunt of declining conditions, the report found. Overall general fund revenues in midwestern cities dipped by 4.4% in fiscal year 2018

Want to learn more?

 

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