Article Tools

• Bookmark

Advertisement

Most Popular News

• Accurately measuring pay in the public sector
• Government spending legislation aims to audit GSA each year
• Investigations could lead to tighter controls on agency spending

Know before you buy or sell. Get your truck's value instantly online.

Find Your Truck Now

*To see the actual values, you must purchase a subscription or a single-vehicle lookup.

State and local government officials want you to know something: Yes, budgets are tight these days, but their overall financial picture is still solid. That is the message from a new fact sheet, “Facts You Should Know,” released by the International City/County Management Association (ICMA) and 10 other state and local government organizations.

The fact sheet seeks to “set the record straight” on “misconceptions about state and local finance,” according to a news release. The facts, according to ICMA, are that, “While cities and counties have faced ongoing fiscal constraints, the vast majority of them are handling their debt service and pension obligations without breaking the budget.” The fact sheet makes the case, citing several factors.

Read the entire story from American City and County, our sister publication.