As recession-reduced property tax levels begin to play out in cities across the U.S., municipalities are beginning to react to the realities of lowered revenues.
Local governments are expected to see shortfalls of about $83 billion, according to this column from Neal Peirce.
"Will "higher" governments help out? Not likely right now. Washington will be focused on deficit trimming. States have their own budget nightmares. And then there's raw partisanship. Republicans made net gains of six governorships and some 680 legislative seats in the mid-elections; even if commiserate with cities, they'll fear Tea Party retribution if they lift a finger to help.
If there's any good news, says Chris Hoene, the National League of Cities' fiscal guru, it's that actual city bankruptcies remain rare, that over 90 percent of localities are balancing their budgets - so far. And that while some mayors see massive layoffs coming, others say they're using this moment to clean up inefficient bureaucracies."
FULL STORY: Cities’ Fiscal Nightmares: What’s Next?

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Congressman Proposes Bill to Rename DC Metro “Trump Train”
The Make Autorail Great Again Act would withhold federal funding to the system until the Washington Metropolitan Area Transit Authority (WMATA), rebrands as the Washington Metropolitan Authority for Greater Access (WMAGA).

DARTSpace Platform Streamlines Dallas TOD Application Process
The Dallas transit agency hopes a shorter permitting timeline will boost transit-oriented development around rail stations.

New Jersey Duplexes Elicit Mixed Reactions
Modern, two-unit residences are proliferating in northern New Jersey communities, signaling for some a boon to the housing supply and to others a loss of historic architecture.

Renters Now Outnumber Homeowners in Over 200 US Suburbs
High housing costs in city centers and the new-found flexibility offered by remote work are pushing more renters to suburban areas.

The Tiny, Adorable $7,000 Car Turning Japan Onto EVs
The single seat Mibot charges from a regular plug as quickly as an iPad, and is about half the price of an average EV.
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