Category: Finance

President Trump’s Playbook for Infrastructure

After a long wait, Congress now has an extensive infrastructure proposal from the President on their desk to review. The passage of this administration’s infrastructure playbook to Congress kicks off the process in Washington to develop a bipartisan deal that could ramp up the federal partnership in infrastructure investment. For city officials, who have been

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The Most Effective Federal Grants for Mid-Sized Cities

As 2017 comes to a close, city leaders are concerned about the future of critical grant programs. Earlier this year, the Trump Administration released the Department of Housing and Urban Development budget for fiscal year 2018, which proposed the sweeping elimination of flexible block grant programs, including Community Development Block Grants (CDBG) and HOME Investment

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What the ‘Tax Cuts and Jobs Act’ Will Mean for Cities

After a last-minute procedural delay forced the House of Representatives into a re-vote, the Tax Cuts and Jobs Act (H.R. 1) this morning passed both houses of Congress. The bill  will now head to President Trump, who is expected to sign it into law. The Senate had to make several last minute changes to the

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How Cities Can Use Retirement Benefits To Recruit Talent

This is a co-authored post by Anita Yadavalli, program director for city fiscal policy in NLC’s Center for City Solutions, and Jean-Pierre Aubry, associate director of state and local research at the Center for Retirement Research at Boston College. It is the third piece in a three-part series about pensions and healthcare. Each piece includes insights gained

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Tax Reform Continues to Race Forward

A lot has happened in the past month on tax reform. On November 16, the House passed its version of a tax bill, the Tax Cuts and Jobs Act (H.R.1), just under a week after the Senate released its own version of the bill. After a tenuous 20 hours of debate and deal-making, the Senate

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When Talking Infrastructure, Remember the Municipal Securities Market

This is a guest post by Susan Collet, Director of Government Relations for the Municipal Securities Rulemaking Board. The National League of Cities’ City Fiscal Conditions 2017 study arrived this fall at a time of heightened discussion at the White House and on Capitol Hill regarding policies that can spur more investment in the nation’s infrastructure.

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How to Measure Pension Fiscal Health in Your City

The state of retirement funding has become an obvious fiscal concern for city governments, especially since the Great Recession. In fact, a recent National League of Cities survey revealed the cost of employee/retiree pensions ranks third (following infrastructure needs and public safety needs) among the most negative factors impacting city budgets. Perhaps more telling is

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Strategies for Recruiting a 21st Century Workforce

This is a guest post by Steve Vermette, vice president of brokerage at Colonial Life & Accident Insurance Company. Budget cutbacks, an aging workforce nearing retirement and the need for a deeper pool of talent are creating a perfect storm for governments looking to recruit skilled workers — and keep them long term. Public sector employers are

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What Should City Leaders Do About Healthcare?

This is the second 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. Find the first installment here. The National League of Cities (NLC) was recently back on the road — this time to discuss healthcare. Williamsburg, Virginia, home to

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How Summer Jobs Can Teach Youth Financial Skills

This is a guest post by Amelia O’Rourke-Owens of America Saves for Young Workers. This summer, 32,973 summer youth employees in 25 cities have pledged to save a portion of their pay as part of the America Saves for Young Workers (ASYW) initiative, a partner of the National League of Cities (NLC) Institute for Youth,

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