fiscal health

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Overall, the fiscal health of Michigan's local governments appears to have improved slightly since last year, according[...]
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Link to:Detroit Free Press Editorial Board asks, “Lansing, are you listening to Michigan cities?”
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Link to:Register for our free webinar, “Is Michigan’s system of funding local government broken?”
Aug 23, 2016
The Center for Local, State, and Urban Policy’s (CLOSUP) most recent Michigan Public Policy Survey finds a reversal in[...]

Related Past Events

CFLP Blue Bag Lunches
Local government fiscal health is typically assessed using objective financial indicators, but little is understood about how local officials subjectively understand their own fiscal health. We compare self-assessment data from the Michigan Public Policy Survey with financial data on Michigan local governments to explore the extent to which self-assessments align with conventional financial indicators. Qualitative results reveal that local officials emphasize long-term spending pressures (e.g. roads, infrastructure) and external factors, such as uncertainty around property values and state aid (i.e. revenue sharing) payments, when assessing their fiscal health. Quantitative results provide some corroborating evidence, but in general, conventional indicators are not powerful predictors of self-assessments, especially for high-stress governments. We believe that part of the disparity is that financial indicators do a poor job of capturing what local officials say they are most worried about. We suggest that self-assessments may be a useful supplement to conventional measures in capturing “true” fiscal health.
2019 - 12:00 pm to 1:00 pm
A presentation by the Michigan Public Policy Survey Program Managers, Tom Ivacko and Debra Horner.
2014 - 12:00 pm