Cities are 'cautiously optimistic' about their finances — with a caveat

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Cities are 'cautiously optimistic' about their finances — with a caveat
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Federal funds 'helped save American cities' after the COVID-19 pandemic sapped their tax revenue, but inflation is tempering their financial health.

have been political footballs, but U.S. cities would be in a recession without them, according to the prominent lobby group.

"Municipal governments are enjoying a much stronger revenue stream and are feeling confident about their abilities to finance public services and resources" in 2022 and beyond, he said.Driving the news:

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