How 10 Major U.S. Cities Are Dealing With Budget Troubles

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How 10 U.S. Cities Have Addressed Their Budget Woes

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(iStockphoto)

Municipal fiscal woes can lag behind national economic downturns by as much as several years, as periodic property value assessments reduce property values and drag down property tax revenues. This means that many U.S. cities are still operating in a recession mindset. Here is a look at 10 U.S. cities facing fiscal challenges, as well as the myriad ways they are keeping afloat despite sizable budget gaps.

Next: Albuquerque, N.M.