fiscal health

Related News

Link to:Fiscal health: Mixed signals for Michigan’s local governments
Dec 11, 2019
ANN ARBOR—More than two-thirds of Michigan’s local government leaders rate their jurisdictions’ current fiscal stress[...]
Link to:CLOSUP’s Michigan Public Policy Survey turns 10
Nov 14, 2019
It’s been a tumultuous decade in Michigan: three governors, a cratered economy and its recovery, the largest municipal[...]
Link to:Stephanie Leiser and Sarah Mills on perception versus reality in local government budgets
Apr 10, 2019
Local government officials’ assessments of their own fiscal health is often at odds with—and worse than—what their[...]
Link to:Michigan News release: Local leaders say recovery is mixed, but slightly positive overall
Oct 12, 2017
Overall, the fiscal health of Michigan's local governments appears to have improved slightly since last year, according[...]
Link to:Michigan News release: MPPS finds localities support emergency manager reforms
Feb 22, 2017
An overwhelming majority of local government leaders in Michigan support reform of the state's controversial emergency[...]

Related Past Events

Mar
14
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
Oct
06
A presentation by the Michigan Public Policy Survey Program Managers, Tom Ivacko and Debra Horner.
2014 - 12:00 pm