Tag: recession

For First Time in Seven Years, Cities Anticipate Revenue Decline

By Liz Farmer, fiscal policy expert and journalist In the Los Angeles suburb of Bellflower, California, officials are getting the city budget ready for a slowdown by tightening spending and beefing up reserves. For the past five months, the state’s fiscal health index has been trending downward, a shift that Mayor Pro Tem Juan Garza

Continue reading

How Lincoln, Nebraska Weathered the Great Recession

In advance of our annual City Fiscal Conditions report release eventin Washington, D.C. on October 28, this blog takes a look at how Lincoln, Nebraska weathered the recession. This information and more is explored in depth in this story map. Ten years after the Great Recession, some cities have rebounded, others have not. Amid decelerating

Continue reading