https://www.americancityandcounty.com/wp-content/themes/acc_child/assets/images/logo/footer-logo.png
  • Home
  • Co-op Solutions
  • Hybrid Work
  • Commentaries
  • News
  • In-Depth
  • Multimedia
    • Back
    • Podcast
  • Resources & Events
    • Back
    • Resources
    • Webinars
    • White Papers
    • IWCE 2022
    • How to Contribute
    • Municipal Cost Index – Archive
    • Equipment Watch Page
    • American City & County Awards
  • About Us
    • Back
    • About Us
    • Contact Us
    • Advertise
    • Privacy Statement
    • Terms of Service
American City and County
  • NEWSLETTER
  • Home
  • Co-op Solutions
  • Hybrid Work
  • Commentaries
  • News
  • In-Depth
  • Multimedia
    • Back
    • Podcasts
  • Resources/Events
    • Back
    • Webinars
    • White Papers/eBooks
    • IWCE 2022
    • How to Contribute
    • American City & County Awards
    • Municipal Cost Index
    • Equipment Watch Page
  • About Us
    • Back
    • About Us
    • Contact Us
    • Advertise
    • Cookie Policy
    • Privacy Stament
    • Terms of Service
  • newsletter
  • Administration
  • Economy & Finance
  • Procurement
  • Public Safety
  • Public Works & Utilities
  • Smart Cities & Technology
  • Magazine
acc.com

News


Mitchell Kmetz on Unsplash

News

NLC releases annual City Fiscal Conditions survey

NLC releases annual City Fiscal Conditions survey

  • Written by Michelle M. Havich
  • 5th October 2021

The National League of Cities (NLC) has released its annual City Fiscal Conditions survey, a national survey of finance officers in U.S. cities with populations greater than 10,000 people. Conducted in June and July of this year, the 2021 data were drawn from 443 cities across the country.

The report finds that on average, cities ended FY 2021 with the first revenue losses since the Great Recession (2007-2009), but federal assistance has helped communities of all sizes begin to recover from the economic damage caused by the COVID-19 pandemic. According to the survey, 81 percent of city finance officers said federal aid had a positive impact on FY2021.

“Cities are leading the way in coming up with equitable ways to recover and rebuild from the COVID-19 pandemic,” said Clarence Anthony, CEO and executive director of NLC. “Municipal finances are on the mend and the economic outlook is improving as a result of direct, flexible federal relief, such as those from investments in the American Rescue Plan. The data is clear—the nation’s economic recovery begins on the Main Streets of our cities, towns and villages.”

Some key findings in the survey include that two-thirds of cities surveyed plan to use their American Rescue Plan Act (ARPA) funds to replace lost revenue, while 54 percent of cities will use the funds to support households, small businesses, nonprofits and impacted industries.

Infrastructure remains an important issue facing cities, with half of the finance officers reporting that it was the factor most hindering their ability to balance FY2021 budgets. During the COVID-19 pandemic, cities were forced to pause infrastructure projects to budgetary constraints, and they continue to face challenges in funding infrastructure maintenance and new projects.

“We look forward to Congress finalizing the Infrastructure Investment and Jobs Act so that municipalities and the federal government can work together to build and strengthen the infrastructure that keeps Americans moving,” Anthony said.

The full City Fiscal Conditions 2021 survey is available to read here.

 

Tags: homepage-featured-1 homepage-featured-4 Economy News Economy Economy & Finance News News

Most Recent


  • 10 best large cities for fishing
    Across the United States, Americans of all backgrounds—from both urban and rural settings alike—enjoy a mutual pastime: fishing. But while there are plenty of cities that feature lakes and rivers, some large metro areas are better fishing communities than others.  A list created by Apartment Guide considers all U.S. cities with a population of more […]
  • Report: Local and state governments are facing a retention crisis; the worst could be yet to come
    When the pandemic struck in 2020, public retention was hit hard: jobs in local government plummeted by 8.5 percent; state employment dropped by 4.4 percent. Two years later, local and state government jobs have rebounded by about half—to 4.1 and 1.9 percent below pre-pandemic levels respectively, according to a new report from Mission Square Research […]
  • Amid an unprecedented increase in federal spending, cities and counties stand to benefit from partnerships
    The so-called “American dream” of upward mobility has more or less stagnated: Today, a little more than 40 percent of children raised at the bottom of the income ladder remain there as adults, according to Pew Charitable Trusts, and only half grow up to earn more than their parents. This data points to a concerning […]
  • Seattle-Tacoma-Bellevue, WA
    Infrastructure highlighted by city leaders as top priority in analysis of 60 mayoral addresses
    After two years of ping-pong lockdown orders, mask mandates, unprecedented vaccine drives and economic uncertainty, cities across the United States are beginning to emerge in the pandemic’s aftermath, and they’re prioritizing infrastructure, according to a report published Wednesday by the National League of Cities (NLC).  “The new normal, as we now understand it, is here,” […]

Leave a comment Cancel reply

-or-

Log in with your American City and County account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related Content

  • As the pandemic continues to loom, municipal leaders can glean lessons from last year's budget season
  • The rocky road ahead
  • NLC report: Majority of municipal leaders consider economic development and infrastructure key issues this year
  • NLC releases annual City Fiscal Conditions survey
    How the Uber effect will reinvent public transit

White papers


How to Assemble a Rockstar Website Redesign Steering Committee

7th June 2022

Hand Hygiene: Compliance Matters

23rd May 2022

What it Takes to Build a Winning Esports Program

23rd May 2022
view all

Events


PODCAST


Young Leaders Episode 4 – Cyril Jefferson – City Councilman, High Point, North Carolina

13th October 2020

Young Leaders Episode 3 – Shannon Hardin – City Council President, Columbus, Ohio

27th July 2020

Young Leaders Episode 2 – Christian Williams – Development Services Planner, Goodyear, Ariz.

1st July 2020
view all

Twitter


AmerCityCounty

Seamless Cooperative Experience Saves Indiana City Exponentially in Time and Money dlvr.it/SSxp95

27th June 2022
AmerCityCounty

10 best large cities for fishing dlvr.it/SSxbSZ

27th June 2022
AmerCityCounty

Generational differences present an opportunity to reinvent public sector service delivery dlvr.it/SSxbN7

27th June 2022
AmerCityCounty

Report: Local and state governments are facing a retention crisis; the worst could be yet to come dlvr.it/SSnmS7

24th June 2022
AmerCityCounty

Amid an unprecedented increase in federal spending, cities and counties stand to benefit from partnerships dlvr.it/SSkGBn

23rd June 2022
AmerCityCounty

Governments using technology to harness data and improve decision-making dlvr.it/SSk3H0

23rd June 2022
AmerCityCounty

Infrastructure highlighted by city leaders as top priority in analysis of 60 mayoral addresses dlvr.it/SSgBck

22nd June 2022
AmerCityCounty

Oklahoma City puts the focus on employees when implementing changes in office technology dlvr.it/SSfyns

22nd June 2022

Newsletters

Sign up for American City & County’s newsletters to receive regular news and information updates about local governments.

Resale Insights Dashboard

The Resale Insights Dashboard provides model-level data for the entire used equipment market to help you save time and money.

Municipal Cost Index

Updated monthly since 1978, our exclusive Municipal Cost Index shows the effects of inflation on the cost of providing municipal services

Media Kit and Advertising

Want to reach our digital audience? Learn more here.

DISCOVER MORE FROM INFORMA TECH

  • IWCE’s Urgent Communications
  • IWCE Expo

WORKING WITH US

  • About Us
  • Contact Us

FOLLOW American City and County ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookies Policy
  • Terms
Copyright © 2022 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X