AND POTENTIAL SOLUTIONS
Michael Pagano, dean emeritus, University of Illinois at Chicago College of Urban Planning and Public Affairs and former Brookings Metro non-resident fellow, said states should loosen their grip on regulating what cities can do, so local government can be flexible to meet unique shifts in policy.
Pagano noted that Ohio is one of the
very few states that allow cities to impose an income tax, which means cities
continue to get income-tax revenue, whether an employee is remote most or part
of the time.
However, in a city reliant on property
taxes, if a downtown building is half empty, its value goes down and thus the
city’s essential revenue is reduced.
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