Local Government – US: 2019 Outlook Remains Stable With Tax Revenue To Grow Modestly

Source: Sam Feldman-Crough, Gregory Max Sobel, Eva Bogaty, Naomi Richman, Leonard Jones, Alexandra S. Parker, Gail Sussman, Moody’s Investors Service, Outlook, December 5, 2018
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The stable outlook is underpinned by the largely steady and predictable growth in property taxes over the outlook horizon. Most cities, counties and school districts have financial flexibility from healthy fund balances to deal with unforeseen challenges. ….