Fiscal Outlook for Cities Worsens in 2009

Source: Chris Hoene, National League of Cities, Research Brief, February 2009

The fiscal outlook for the nation’s cities continues to worsen amid declining economic conditions. Confronted with the deepest recession in decades, city finance officers are increasingly pessimistic about the ability of cities to meet current and financial needs.

According to the National League of Cities’ (NLC) most recent survey of city fiscal conditions, conducted in December 2008-January 2009, four in five (84%) city finance officers say that their cities are less able to meet current needs than at the same time one year ago, representing a significant increase from NLC’s previous survey, conducted from April to June 2008, when 64 percent said their cities are less able to meet needs

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