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 events that affect
municipal financial decisions and financial conditions, explores
the strategies these governments use to manage financial conditions
and solve financial problems, and looks at the impact of contextual
factors and stresses on government financial decisions.
Managing the Fiscal Metropolis offers new evidence about
the role of contextual factors- including other local
governments-in the financial condition of municipalities and how
municipal financial decisions and practices alter these effects.
The wide economic and social diversity of the municipalities
studied make its findings relevant on a national scale.
Subjects: Political Science
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