AND POTENTIAL SOLUTIONS
Josh Goodman, senior officer, State Fiscal Health, The Pew Charitable Trusts, authored a study that looked at the largest cities in the nation and found 20 of 25 have budget deficits in fiscal year 2026 and many have deficits that go beyond that.
“I was a little bit surprised in doing
this analysis.
It’s not just a remote work and office
vacancy problem; it is that they got a lot of help from federal stimulus and
infrastructure dollars.
Plus, post Covid, they got income tax
and local taxing boost,” he said.
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