Event: Fiscal Challenges Facing Cities

The Brookings Institution is sponsoring a conference called “Fiscal Challenges Facing Cities: Implications for Economic Recovery” on Thursday, November 19th at the Brookings Institution in Washington DC. The Brookings Metropolitan Policy Program and the National League of Cities will co-host a forum on city fiscal conditions, the responses being undertaken by creative mayors, and the implications for national economic recovery.

From the Brookings Institution:

“The current economic crisis is not only a national crisis; it is also a metropolitan crisis. And soon the downturn will bring a local government fiscal crisis. Given the normal lag time of 18–24 months between changes in the economic cycle and its impact on city fiscal conditions, local officials anticipate that the next year or two will bring large-scale city government layoffs, deep cuts to local government services, and halted or delayed capital projects. Just as federal stimulus package spending trails off, city fiscal dynamics could well place a serious drag on economic recovery.”

To register for the event or to find out more information about the conference, click here.