Cities are essential to the nation’s prosperity—central to the quality of life, the livelihoods, and the long-term prospects of most Americans. Pew’s American cities project conducts original research and analyses to help policymakers understand the challenges facing urban centers and promising policy options that can improve fiscal outcomes for localities.
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The recent high-profile bankruptcy filings by Detroit and a handful of other local governments around the country have renewed state and local policymaker interest in strategies to prevent future financial crises as well as in the choices states face about whether to intervene to help distressed cities and counties. Read More
On Oct. 30, 2014, the Government Accounting Standards Board (GASB), a nonprofit organization that sets financial reporting standards that nearly all state and local governments conform to, proposed a rule that would redefine generally accepted accounting principles in order to increase transparency around tax incentive, or abatement, programs. The Pew Charitable Trusts, which works with states to... Read More