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Cities, counties, school districts and other local governments have
suffered a long-lasting period of fiscal challenges since the
beginning of the Great Recession. Metropolitan governments continue
to adjust to the "new normal" of sharply lower property values,
consumer sales, and personal income. Contributors to this volume
include elected officials, academics, key people in city
administrations, and other nationally recognized experts who
discuss solutions to the urban problems created by the Great
Recession. Metropolitan Resilience in a Time of Economic Turmoil
looks at the capacity of local governments to mobilize resources
efficiently and effectively, as well as the overall effects of the
long-term economic downturn on quality of life. Introducing the
reader to the fiscal effects of the Great Recession on cities, the
book examines the initial fraying and subsequent mending of the
social safety net, the opportunities for pursuing economic
development strategies, the challenges of inter-jurisdictional
cooperation, and the legacy costs of pension liabilities and
infrastructure decay. Contributors are Phil Ashton, Raphael Bostic,
Richard Feiock, Rachel A. Gordon, Rebecca Hendrick, Geoffrey J.D.
Hewings, David Merriman, Richard Nathan, Michael A. Pagano, Breeze
Richardson, Annette Steinacker, Nik Theodore, Rachel Weber, and
Margaret Weir.
American cities continue to experience profound fiscal crises.
Falling revenues cannot keep pace with the increased costs of vital
public services, infrastructure development and improvement, and
adequately funded pensions. Chicago presents an especially vivid
example of these issues, as the state of Illinois's rocky fiscal
condition compounds the city's daunting budget challenges. In The
People's Money, Michael A. Pagano curates a group of essays that
emerged from discussions at the 2018 UIC Urban Forum. The
contributors explore fundamental questions related to measuring the
fiscal health of cities, including how cities can raise revenue,
the accountability of today's officials for the future financial
position of a city, the legal and practical obstacles to pension
reform and a balanced budget, and whether political collaboration
offers an alternative to the competition that often undermines
regional governance.Contributors: Jered B. Carr, Rebecca Hendrick,
Martin J. Luby, David Merriman, Michael A. Pagano, David Saustad,
Casey Sebetto, Michael D. Siciliano, James E. Spiotto, Gary Strong,
Shu Wang, and Yonghong Wu
American cities continue to experience profound fiscal crises.
Falling revenues cannot keep pace with the increased costs of vital
public services, infrastructure development and improvement, and
adequately funded pensions. Chicago presents an especially vivid
example of these issues, as the state of Illinois's rocky fiscal
condition compounds the city's daunting budget challenges. In The
People's Money, Michael A. Pagano curates a group of essays that
emerged from discussions at the 2018 UIC Urban Forum. The
contributors explore fundamental questions related to measuring the
fiscal health of cities, including how cities can raise revenue,
the accountability of today's officials for the future financial
position of a city, the legal and practical obstacles to pension
reform and a balanced budget, and whether political collaboration
offers an alternative to the competition that often undermines
regional governance.Contributors: Jered B. Carr, Rebecca Hendrick,
Martin J. Luby, David Merriman, Michael A. Pagano, David Saustad,
Casey Sebetto, Michael D. Siciliano, James E. Spiotto, Gary Strong,
Shu Wang, and Yonghong Wu
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