Benchmarking and Municipal Fiscal Health
You’ll learn about:
- The differences in local government fiscal arrangements across U.S. cities and how the FiSC database accounts for these differences.
- How to use the FiSC database.
- How the FiSC database can be used for fiscal benchmarking.
Recent bankruptcies of several large cities highlight the importance of understanding the fiscal pressures cities face. However, fiscal comparisons across municipal governments alone can be highly misleading, because while some city governments provide a full array of public services for their residents and businesses, others share the responsibility with a variety of overlying independent governments.
The FiSC database allows for meaningful comparisons across the largest 150 cities by accounting for these differences. The database includes annual data from 1977 to the present for more than 120 categories of revenues, expenditures, debt, and assets. Gain a full picture of revenues raised from city residents and businesses and expenditures on their behalf, whether done by the city government or by a separate overlying government. See a demonstration and learn what research informed the data. An intermediate session for experienced planners.
, Lincoln Institute of Land Policy
Confirmed SpeakerAdam H. Langley is senior research analyst for the Department of Valuation and Taxation at the Lincoln Institute of Land Policy. His research has focused on property tax relief programs, nonprofit payments in lieu of taxes, and other issues related to state and local public finance. He has co-authored three Lincoln Institute policy focus reports including Property Tax Circuit Breakers: Fair and Cost-Effective Relief for Taxpayers, Payments in Lieu of Taxes: Balancing Municipal and Nonprofit Interests, and Rethinking Property Tax Incentives for Business. He previously worked in the New York State Assembly. Adam earned his B.A. in political studies from Bard College and his M.A. in economics from Boston University.
, Lincoln Institute of Land Policy
Confirmed SpeakerAndrew Reschovsky is a Research Fellow at the Lincoln Institute of Land Policy and a Professor Emeritus of Public Affairs and Applied Economics at the University of Wisconsin-Madison. He has published widely on topics related to state and local government finance. His current research focuses on the financing of large American central cities, the measurement of municipal fiscal health in China, and the role of the property tax in the funding of public education in the U.S. He has served as an advisor to the South African Financial and Fiscal Commission and the Organization of Economic Cooperation and Development in Paris. In 2011, he was awarded the Steven D. Gold award by the Association of Public Policy Analysis and Management in recognition of his contributions to state and local fiscal policy. He earned a Ph.D. in economics from the University of Pennsylvania.
, Urban Institute
Confirmed SpeakerTracy Gordon is a senior fellow with the Urban-Brookings Tax Policy Center, where she researches and writes about fiscal challenges facing state and local governments, including budget tradeoffs, intergovernmental relations, and long-term sustainability. Before joining Urban, Gordon was a senior economist with the White House Council of Economic Advisers. She was also a member of the District of Columbia Tax Revision Commission, a fellow at the Brookings Institution, an assistant professor at the Maryland School of Public Policy, and a fellow at the Public Policy Institute of California. Gordon currently serves on the board of trustees for the American Tax Policy Institute and is a member of the District of Columbia Infrastructure Task Force. Gordon has written extensively on state and local government finances, including taxes, budgeting, intergovernmental relations, municipal debt, and pensions. She has appeared in the New York Times, Wall Street Journal, and Washington Post and on C-SPAN, Fox Business News, and NPR. Some recent publications include "The Federal Stimulus Programs and Their Effects" (with Gary Burtless) in The Great Recession (Russell Sage Foundation); "State and Local Fiscal Institutions in Recession and Recovery" in The Oxford Handbook on State and Local Government Finance (Oxford University Press); and "Addressing Local Fiscal Disparities" in The Oxford Handbook of Urban Economics and Planning (Oxford University Press). Gordon holds a PhD in public policy with a concurrent MA in economics from the University of California, Berkeley.
Confirmed SpeakerBob Dean is the Deputy Executive Director for Planning with the Chicago Metropolitan Agency for Planning (CMAP). He oversees CMAP’s programs that provide assistance to local governments, including the Local Technical Assistance (LTA) program. Before holding this position, he was the project manager for GO TO 2040, the long-range comprehensive plan for the Chicago metropolitan area that was adopted in October 2010. Prior to coming to CMAP, he worked in transportation and land use planning for the City of Naperville and the DuPage Mayors and Managers Conference. Mr. Dean holds a Masters degree in planning from Cornell University and is originally from the Philadelphia region.