Tag: budgets

Cities Anticipate $360 Billion Revenue Shortfall

In Charleston, WV, the city approved a $98.9 million budget in fiscal year 2019 but is on track to end with a $2 million deficit. The city of Boulder, CO, projects a shortfall of approximately $21 million in the general fund and a $41 million overall budget deficit. In New Orleans, LA, city officials estimate

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The State of America’s Cities in 2018

Each year, mayors across the nation detail their vision for their city’s future in a seminal address — their state of the city speech. These speeches have taken on new significance as mayors emerge as focal points in the intergovernmental context. While many state and federal partners are mired in political gridlock or actively disinvesting

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Is Fiscal Growth Slowing in Cities?

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 continuous fiscal growth may be slowing, according to a new report. NLC’s 2017 City Fiscal Conditions, a survey of city finance officers, reveals

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