Cities

Well, it’s Not Like Local Governments are all Flush. Krugman on the Economic Effects of Municipal Retrenchment

March 5, 2012 Budget

In Today’s New York Times, Paul Krugman writes States of Depression. In discussing the sluggish economic recovery, he says: But one significant factor in our continuing economic weakness is the fact that government in America is doing exactly what both theory and history say it shouldn’t: slashing spending in the face of a depressed economy. […]

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Intergovernmental Money Movement, Especially Downhill

November 29, 2011 Budget

Little considered or included in public discussions of property tax caps, or limitations on governmental expenditures are intergovernmental financial relationships. This is not merely a matter of mandates but recognition that very large sums of money flow back and forth between all levels of government. What is expenditure for one level of government is often […]

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And Speaking of Cash

November 17, 2011 Cash

I haven’t seen the original report so can’t even attempt to validate the headline, but here’s a story on the risk that given its current trajectory, the City of Detroit will run out of cash by April, 2012.

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Numbers News

September 29, 2011 Cities

Just for a taste. Though most of the taste is bitter Roubini says the economy has started a downturn.spending less on entertainment and charity. Guess we can’t count on charity to help those who are struggling in a down eocnomy. Fifth consecutive year that US cities suffer a revenue decline. Original study was done of […]

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Cities are not as operationally diverse as they think

June 6, 2011 Cities

So, without knowing any of the details, this IBM strategy makes sense operationally and probably financially. I’m guessing it will make sense for enough cities to buy in though whether it will be enough to be a good business move, I’m not ready to say. From Fast Company, Smarter City in a Box: The Intelligent […]

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