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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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
This report examines how America's big cities navigated fiscal challenges during the Great Recession and in the years following that downturn. It evaluates the fiscal conditions of 30 large American cities, identifies the factors that drove cities' decline and rebound during the Great Recession, and the mechanisms cities employed to address the fiscal strain. Read More