Report Shows City Revenues Nearing Pre-Recession Levels

October 24, 2016

Graph courtesy of NLC
Graph courtesy of NLC

A new report from the National League of Cities (NLC) finds that cities are in a better fiscal condition than the year before, with city revenues nearing pre-recession levels.

For its annual City Fiscal Conditions report, NLC surveyed city finance officers and found that 81% report that their cities are better able to meet the financial needs of their communities than the year before. Property tax revenue, sales tax revenues, and income tax revenues all show strong growth and General Fund revenues have recovered to about 96% of pre-recession levels (using 2006 as the standard).

NLC's annual survey examines cities' abilities to meet fiscal needs, factors impacting budgets, tax receipts, and revenue and spending trends. It compares these responses to city data and survey responses from the past 31 years to provide context for how current fiscal conditions compare with previous recession and recovery periods. 

The report findings were presented at an event live streamed from NLC's headquarters in Washington, D.C. Read the full report here.

Comment On This Story

Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.


Public Fleet Tracking And Telematics

Amin Amini from Verizon will answer your questions and challenges

View All

Recent Topics

Here's an EV question or two: How are you paying for the charging station? I have some interested parties in my city, but not an...

View Topic

Hi everyone! Just wanted to remind you about fleetDOCs, our library of fleet-related documents. Users can upload any relevant fleet...

View Topic

Fleet Documents

1025 Fleet Documents (and counting) to Download!

Sponsored by

The vehicle is shipped from a fleet to an upfitter to add equipment. The completed vehicle is then transported back to the customer's location.

Read more