Finance ❯ Public Finance ❯ Municipal Finance

Budget Deficits

Social Expenditures Revenue Generation Taxation Financial Management Tax Increases Social Spending Revenue Shortfalls Financial Reforms Expenditure Management Expenditures

Chicago Faces $130 Million Midyear Shortfall Linked to Council-Backed Revenues

The mayor says several council-approved revenue plans produced little or no cash and warns the gap could shape fights over the 2027 budget.

Houston Passes $7.5 Billion Budget That Adds $5 Monthly Trash Fee

After Treasury Warning, Joburg Mayor Agrees to Submit Plan to Fix Finances

Aix‑Marseille Métropole Faces €123 Million Shortfall Ahead of April 28 Budget Deadline

Germany’s Debt Ratio Rises to 63.5% as Municipalities Post Record €31.9 Billion Deficit

Saxony’s Municipalities Post Record €1.04 Billion Cash Deficit for 2025

German Towns Warn of Deepening Budget Gaps as Hesse Flags Record Aid

New Report Finds Saxony’s Municipal Finances in Crisis as Deficits Deepen

Hesse Audit Report Finds Four in Five Municipalities in Deficit, Puts Mergers on the Table

New Orleans Withdraws $125 Million Payroll Bond as State Oversight Fight Escalates

13 State-Capital Mayors Warn of Municipal Cash Crunch, Press Merz to Pay for Mandates

German Municipal Deficit Widens to €19.7 Billion in First Half of 2025

German Municipalities Push for Federal Action on Deepening Financial Crisis

Oakland Interim Mayor Proposes Balanced Budget to Address $268 Million Deficit