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Filename COVID-19MunicipalFinanceBlog-PB.pdf
Filesize 443 KB
Version 1
Date added May 6, 2020
Downloaded 668 times
Category COVID, Economic Opportunity, Municipal Management, Policy Briefs

Date: May 2020

Author: Andrew Mikula

Congress has injected trillions of dollars in COVID-19 relief into the economy in recent weeks. But what about the city and town governments that pay to pave our roads and educate our kids? Using municipalities’ experiences during the Great Recession, a new policy brief examines the likely impact of COVID-19 on local property taxes, as well as political implications for state aid. We list the municipal revenues by category among the least tax-reliant communities in MA, show the trajectory of tax revenue growth rate in Massachusetts state and local governments, and rank stabilization fund assets per capita among Massachusetts Gateway Cities.