From the summary:
State aid and property taxes are dropping simultaneously for the first time since 1980, while demand for government services continues to rise. More tough choices lie ahead as leaders look to balance the day-to-day needs of their communities with their long-term prospects.
– Press release
– Graphic: The Local Squeeze
Cities Facing Worst Fiscal Situation Since 1980
Source: Nate Berg, The Atlantic Cities, June 1, 2012