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The National League of Cities has found that 88% of city finance officers are less able to meet fiscal needs this year.But there is some good news.
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United Way applies strict oversight to ensure that member agencies meet fiscal and management standards, and address proven needs in the community.
Euro-zone leaders seem prepared to give the periphery more time to meet fiscal goals.
The report raises the possibility that "lower property values and declining sales may portend something entirely new, a 'new normal.' " In what passes for a bright spot in an overwhelmingly gloomy report, the number of city finance officers who said their cities would be less able to meet their fiscal needs has dropped.
It's a no brainer, those institutions with small endowments have fewer options for meeting their fiscal needs than those with large endowments.
The euro area also needs to reestablish strong growth, sufficient to begin meeting fiscal goals.
In a report on the British economy in July, the IMF said, in strangled euphemisms, "Building a broad public consensus on the need for sizeable fiscal adjustment will be essential in meeting fiscal challenges".
"As such, we consider it advisable for the UK to look at raising new revenues to meet its fiscal consolidation needs".
We're already over 2,600, we're going to meet the target, and it's going to be a very real help for us in dealing with the fiscal needs of the state".
"The states are in terrible fiscal budget crisis now, and part of it, what we do for children's health, education, and some of those elements, are to help the states meet their financial needs".
The fiscal and economic aftermath of the Sept. 11 attacks has left about half of all United States cities less able to meet their financial needs, according to a recent survey by the National League of Cities.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com