5 Good Reasons Why Local Governments Should Embrace Long-Term Budget Forecasting
There are plenty of reasons why cities and counties focus on short-term fiscal needs. Here are some advantages for those who change that risky mindset.
Which Major U.S. Cities Have the Highest Sales Tax Rates?
A new report from the Tax Foundation takes a look.
Mayors Not Letting Up in Fight to Preserve the State and Local Tax Deduction
“We’ll see who’s got the numbers… Who’s got the votes,” according to Tom Cochran, CEO and executive director of the U.S. Conference of Mayors.
A Slide in Capital Spending by States and Local Governments
Moody’s cautions that putting off infrastructure investments could lead to a “form of ‘soft’ debt that will compete with pension liabilities and other governmental mandates for funding.”
Seeking ‘Resilience Dividends’ With City Investments
“For every dollar spent, you want to achieve multiple benefits,” according to the chief resilience officer in Boulder, Colorado.
'Risk Is Shifting' for State and Local Employees Planning for Retirement
The changes are taking place in an era when some state and local governments are struggling with pension costs.
Local Government Officials Buck ‘Big Six’ Tax Reform at the Expense of SALT
With the GOP’s new tax plan the state and local tax deduction many jurisdictions rely on is on the chopping block, prompting concerns about future “double taxation.”
Local Governments Prepare for a Federal Fight Over ‘Double Taxation’
Little Rock Mayor Mark Stodola: “Coupled with the declining federal support in cities, removing the SALT deduction would only further strain our already stressed municipal budgets."
Leaders of State and Local Groups Offer Their Thoughts on a ‘Transactional’ White House
The executive directors of the National Governors Association, National League of Cities and National Association of Counties joined Route Fifty on Tuesday for a discussion about intergovernmental affairs.
Signs of a Financial Slowdown for City Governments
“The fiscal winds seem to be shifting a bit,” says a National League of Cities researcher.
Hartford Nears Bankruptcy as State Aid Remains Uncertain
Connecticut struggles in its third month without a budget and faces a deadline where Gov. Dannel Malloy will have to start cutting municipal aid.
Michigan Congressman on Muni Bond Tax Break: 'Municipal Governments Need to Speak Up'
The tax exemption is seen as a possible target for offsetting rate cuts as part of planned efforts to overhaul the federal tax code.
Houston Mayor Seeks to Hike Taxes to Pay for Flood Recovery
STATE AND LOCAL NEWS ROUNDUP | Maine’s governor vs. Native American tribes; “bikini barista” lawsuit filed in Washington state; and multi-state diarrhea outbreak linked to puppy sales.
Why States and Cities Need More Policy Financing Mechanisms
Proposed cuts to the federal budget and local preemption could kill the fiscal capacity of municipalities to deal with disasters like Hurricane Harvey or even provide basic government services.
Judge Orders Mayor to Turn In City’s Past-Due Budget
Critics say that, unless the $1.4 billion fiscal plan in Minneapolis is turned in soon, there won’t be enough time to review it before public hearings begin next month.
Funding Gaps in Pensions and Infrastructure: A Match Made In Queensland
Can two major funding headaches fix each other's problems?
The Upcoming Census Has Big Implications for Federal Funds Flowing to States
New research sheds light on how much money is affected by the decennial population count, which is next set to take place in 2020.
To Help Fund Infrastructure, Chicago Mayor Backs Taxes on Unrepatriated Foreign Earnings
Rahm Emanuel made his case at the U.S. Conference of Mayors summer leadership meeting, while encouraging colleagues to get creative with investment.
State Treasurers Will Help Advise a U.S. House Intergovernmental Task Force
Maintaining the tax exemption for municipal bonds is at the top of the National Association of State Treasurers’ agenda on Capitol Hill.
Why Cities and Counties Need to Monitor the Sagging Retail Sector
A new analysis warns that a “storm looms on the horizon” for local sales tax revenue.
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