On Tuesday, October 5, 2021, the Nationwide League of Cities (NLC) launched a survey on the impression of the COVID-19 pandemic and proactive federal coverage on metropolis funds in 2021.
Dr. Christiana McFarland introduced an summary of the report’s findings, adopted by a panel dialogue with co-author Michael A. Pagano and metropolis finances administrators Marisa Waxman (Metropolis of Philadelphia), Andrew Dudas (Metropolis of Cincinnati) and Susan Gooding-Liburd (Metropolis of Miramar, FL).
This 12 months’s evaluation of survey and financial information from 444 cities finds that on steadiness, cities ended FY 2020 with the primary occasion of income loss for the reason that Nice Recession, and budgeted additional decline for FY 2021. Federal help has been instrumental in serving to cities get well from the pandemic and contributing to a extra optimistic financial outlook.
To view the report and dive into the information, click on here.