The world’s municipalities face deeply troubling fiscal challenges, from infrastructure gaps—such as the estimated $3.6 trillion shortfall in the United States—or precarious financial instruments like China’s $3.3 trillion underfunded municipal debt. In addition to the difficulties of meeting existing infrastructure needs, rising urban populations and a changing climate require local governments to make additional, preemptive investments for the future of their communities in order to plan and prepare for growth and sustainability. As cities contend with historic needs, large-scale municipal bankruptcies, such as the crisis in Puerto Rico, have highlighted assorted and ongoing problems, including chronically meager or diminishing city revenues, increasing costs of providing public goods and services, mounting historical obligations, and expanding responsibilities to both higher-level governments and local citizens.
Recognizing these factors, the Lincoln Institute of Land Policy launched the Municipal Fiscal Health Campaign in 2015 to help equip policymakers and local government officials with the tools to address their communities’ fiscal challenges. Our activities have included mobilizing transnational research, providing training, sharing policy ideas, and fostering regional and international dialogue. The campaign has engaged global audiences, including members of Congress, leaders within the Federal Reserve Bank, and state and local government officials.
A seminal event in the campaign’s trajectory, this conference convenes leading experts, scholars, and practitioners for an international dialogue to further elevate municipal fiscal health as an issue of global importance.
Conference Goals:
- Convene academics, practitioners, government officials, and regulators to discuss the state of research and practice on municipal fiscal health;
- Elevate the global importance of municipal fiscal health and create a meaningful opportunity for the productive exchange of ideas among expert stakeholders;
- Raise awareness of the importance of land policy in promoting sound municipal fiscal health; and,
- Enable the sharing of experiences, solutions, best practices, and ideas in municipal fiscal health among scholars and practitioners from different countries.
View all conference materials, including speaker presentations, here.