Introduction -- Local government financial condition and fiscal stress -- Financial decision making in municipal government -- Suburban fiscal governance -- Fiscal threats and opportunities : what creates fiscal stress and munificence -- Financial problem solving : tools for managing threats and opportunities -- Financial problem solving : tools for managing financial condition -- Municipal fiscal health : practice, governance, and policy
Summary
Managing the Fiscal Metropolis: The Financial Policies, Practices, and Health of Suburban Municipalities is an important book. This first comprehensive analysis of the financial condition, management, and policy making of local governments in a metropolitan region offers local governments currently dealing with the Great Recession a better understanding of what affects them financially and how to operate with less revenue. Hendrick's groundbreaking study covers 264 Chicago suburban municipalities from the late 1990s to the present. In it she identifies and describes the primary factors and eve