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Overview
The New Reality of Municipal Finance examines the growth and decline of fiscal dependency in the large cities of the United States. Intergovernmental cities became dependent upon a variety of revenues, primarily from federal and state governments, to support an array of local public services that were basic to the needs of their citizens. This study based upon two years of work explores the socioeconomic characteristics of these cities and details the changes they have undergone given the drastic shifts in ...