Cities can take proactive steps to better position themselves for the impacts of the next major economic downturn.
Since 2008, TRIP has helped 16 agencies finance more than $230 million for transportation projects.
Sharing the city’s budget information with the community helps residents understand constraints and develop informed opinions on how limited financial resources should be allocated.
Lynnette Kelly is president and CEO of the Municipal Securities Rulemaking Board and can be reached at firstname.lastname@example.org.
Melissa Kuehne is communications and development manager for the Institute for Local Government; she can be reached at email@example.com.
The next recession may be just around the corner, but the state is much better positioned to weather it — and that bodes well for local governments. Hot topics include sales tax and more.