![]() ![]() Local Public Finance Dynamics and Hurricane Shocks (NBER, 2020). Budget and Policy Priorities (18 July 2018). ![]() In addition to the resources available at Budget Revealed, below is an explanation. State limits in property taxes hamstring local services and should be relaxed or repealed. Understanding how the city allocates and spends money can be complicated. State and Local Governments’ Fiscal Outlook: 2019 Update (GAO, 2019). Press, 2021).įourth National Climate Assessment: Impacts, Risks, and Adaptation in the United States (USGCRP, 2018). Local governments will get their biggest share ever from the national budget next year, with a record P1.116 trillion or more than a fifth of the proposed P5.024-trillion spending program for 2022. IPCC Climate Change 2021: The Physical Science Basis (eds Masson-Delmotte, V. In this Comment, we will use the United States as an example to highlight the consequences of climate risks for local government budgets and provide a forward-looking framework to anticipate the fiscal risks of climate change and identify the comprehensive budgetary benefits of adaptation efforts. In general, mayors, city councils, and other governing. For local governments to continue to provide essential place-based public services, such as education, police and fire protection, and housing and community development, they need to manage the increasing risks of declines in certain sources of revenues and growing expenditure related to climate hazards, including emergency response, defensive expenditures and increased infrastructure operating costs. Whereas the Federal Government and State governments share power in countless ways, a local government must be granted power by the State. There is currently limited understanding of how climate changes may negatively alter the fiscal condition of local governments, and how public officials can best focus their resources to moderate these increasing risks. One overlooked but critical route is the undermining of the fiscal health of local governments 3. Information about Ohio - our elected officials and state agencies - as well as voting, budget and laws, government transparency, and local governments. ![]() The impacts of climate change are increasingly visible and threaten our wellbeing through complex pathways 1, 2. ![]()
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