Infrastructure spending can be fiscal time-bomb for cities

By Brian Robertson

Published July 31, 2016 4:03am ET

Add Washington Examiner on Google

Infrastructure spending can be fiscal time-bomb for cities — There’s a dark cloud on the horizon for city budgets: the pressing need to maintain and upgrade crumbling infrastructure and the question of how to fund the effort. (AP Photo/Rick Bowmer) | Rick Bowmer

Recent surveys show that most U.S. cities have bounced back from the deep recession of 2007-2009, with fiscal conditions continuing to show improvement driven by an increase in general revenue funds. But there’s a dark cloud on the horizon for city budgets: the pressing need to maintain and upgrade crumbling infrastructure and the question of how to fund the effort.

Print subscriber? Click here to login/register your account

Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.

Tag:

Budgets and Deficits Commentary Minusextra