Tag: finance

TIGER Helps Orlando Connect Neighborhoods with New BRT Line

This is the third in a series of blogs that will explore the impact TIGER grants have on local communities by helping them better leverage financing options, meet transportation safety goals, and increase overall quality of life by introducing alternative modes of transportation.  Click here for the first and second blogs in the series. Bus

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Building for the Future in an Uncertain Present: State of the Cities 2013

“Synergy is when the whole is greater than the sum of its parts. When applied to finding new solutions to the challenges we face in building a community, this requires an inclusive process that seeks input and ideas from many people. In doing so, we can generate new and better ways of doing business.” On

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Financing Postsecondary Success

Most city policy and thought leaders can agree on the importance of increasing postsecondary credentialing rates, in the context of broader economic, workforce, and talent development strategies.  Many cities are knocking on NLC’s door asking, “how to?” Strive’s Collective Impact approach is spreading, and typically embraces postsecondary success goals and indicators. But, communities are only

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Why We Should Care about Public Sector Job Loss

Last week the Bureau of Labor Statistics (BLS) released preliminary revised unemployment estimates.  It appears that the economy actually netted 386,000 jobs this year, but only after accounting for a loss of 67,000 government jobs. This recent news compounds figures suggesting that as of August 2012, local government employment in the U.S. had decreased by

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Weighing the Effects of Public Buy-In

Earlier this month, residents in the Atlanta region voted down a 10- year, 1 percent sales tax measure which would have raised about $7.2 billion dollars for the region’s transportation plan.  Now without that anticipated revenue, stakeholders may have to rely on other strategies such as tolling to relieve the region’s congestion issues and new rail

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Latest in Economic Development

This week’s latest in economic development focuses on FDI, some state-level incentive mishaps, small business confidence, worker skill mismatch, and Creative Class 2.0. Have things to add, contact me at mcconnell@nlc.org. Get the last edition of “The Latest in Economic Development” here. Cities look to attract more foreign direct investment.  Toledo, Ohio, which has been

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Municipal Bankruptcy – A Story in Search of a Trend?

NLC is receiving a lot of media inquiries about the prospect of cities filing for Chapter 9 bankruptcy.  It’s not surprising that the chattering classes are agog about cities going under.  It’s a grabber of a headline: “City X Files Ch. 9!”  The problem with this story is that the numbers just aren’t there to

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Cities Can’t Cut Their Way to Prosperity

“Cities to cut….” will be the prevailing storyline in much of the coverage of city fiscal conditions over the next couple of years.  But, city leaders still have the job of making decisions that position their cities for prosperity in the future according to 50+ local officials who participated in an NLC seminar in late

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There’s No Crying in City Finance

Anyone who has seen the movie A League of Their Own, about the first professional women’s baseball league, remembers the famous quote from Tom Hanks’ character, one of the team managers, when confronted with a crying player in the dugout: “You’re crying? There’s no crying in baseball!” The same can be said about city finance.

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