Home Subscribe Login Contact Us Search Journal Articles PAQ RSS Feed

PAQ Articles Search Journal Articles

A Balanced View: US Local Government Managers’ Perceptions of Fiscal Stress

PAQ, Vol. 44 No. 2, 172-200 (2020)

Fiscal stress among local governments in the US has become a key concern since the 2008 Recession. Fiscal stress is fueled by structural pressures from demography, economy, and state policy. How do these pressures shape perceptions of fiscal stress? We conducted a national survey in 2017 of 2,064 US local governments. Our regression models measure the factors that differentiate perceptions of fiscal stress among local government leaders. We find governments with professional managers perceive higher stress. These perceptual measures reflect not only higher objective financial measures, such as debt per capita, but also structural factors like aging infrastructure, unemployment, education levels, and state policy. Professional managers take a broader view of fiscal stress – not just short-term financial concerns, but longer-term structural shifts in demography, economy, and state policy. Greater autonomy allows US local governments to have a more balanced view on fiscal stress and, by practicing pragmatic municipalism, to hold back the tides of austerity.

Subscribers: Login to read this article

Guests: Subscribe to PAQ, or purchase individual article access for $10.
The article is not available for automatic download. We will email the article to you as a PDF file upon receiving your payment, typically within 24 hours.