On Tuesday, October 5, 2021, the National Organization of Cities (NLC) launched a study on the influence of the COVID-19 pandemic and also aggressive government plan on city financial resources in 2021.
Dr. Christiana McFarland provided a review of the record’s searchings for, adhered to by a panel conversation with co-author Michael A. Pagano and also city budget plan supervisors Marisa Waxman (City of Philly), Andrew Dudas (City of Cincinnati) and also Susan Gooding-Liburd (City of Miramar, FL).
This year’s evaluation of study and also monetary information from 444 cities discovers that on equilibrium, cities finished FY 2020 with the very first circumstances of income loss given that the Great Economic downturn, and also allocated additional decrease for FY 2021. Government help has actually contributed in assisting cities recoup from the pandemic and also adding to an extra favorable financial overview.
To check out the record and also study the information, click here.