Municipal budgets are an essential component of local governance. One of the main trends in municipal budgets over the last 100 years has been the expansion of both revenues and expenditures. Cities have increased their revenues through a combination of strategies. Download this centennial brief to explore these strategies and the national/global events that have impacted municipal budgets.
Additionally, infrastructure development and maintenance represent one of the largest categories of expenses for cities. Infrastructure is a driver of growth and economic development, and a lack of sound infrastructure threatens the competitiveness and productivity of cities.