Local Governments Report Less Fiscal Stress, But Wary

December 19, 2022 Gongwer News Service

Local government leaders report they are better able to financially meet their needs this year than in 2021 though remain concerned about long-term fiscal trends, according to a survey released last week. The Michigan Public Policy Survey from the University of Michigan Center for Local, State and Urban Policy found that 42 percent of local government leaders responding to the survey reported they are better able to meet their fiscal needs this year compared to 2021. That is the highest percentage since the study began tracking such sentiments in 2009. And just 16 percent say they are less able to meet their needs than the previous year while 39 percent report no change.