Monday, January 19, 2026

MUNICIPAL FINANCE CHALLENGES

AND POTENTIAL SOLUTIONS


Shayne Kavanagh, senior manager of research for the 26,000-plus member Government Finance Officers Association, authored “New Taxes That Work: How Local Governments and Raise Revenue and “Rethinking Revenue”

He noted that even in an era of strong anti-tax sentiment, communities successfully gained voter approval when they associated the tax with a concrete purpose that citizens value.

“For Plant City, Fla., 50 percent of its 160 miles of streets were in poor condition.

Staff estimated that it would take up to 60 years to resurface or reconstruct all roads in the city, based on available resources at the time.

Street quality served as the foundation for a new tax,” Kavanagh reported.

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