Media Coverage

Wall Street Journal: U.S. Cities Grapple With Finances

American cities’ fiscal health is lagging behind other sectors of the economy as the recovery slowly takes hold.

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Cities are also reeling from the loss of another significant source of cash: state aid. States turned off the tap when income- and sales-tax revenue began to dry up during the recession. They cut municipal assistance by $31 billion, or 6.2%, between 2009 and 2011, according to the most recent data available from research nonprofit Pew Charitable Trusts.

Read the full article at wsj.com.

Projects:
American Cities Project
 
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