The Fiscal Firebomb Looming for Small Cities in Illinois
A state law meant to hold municipalities accountable for pension payments may actually worsen a coming fiscal crisis.
Authors
Frank Shafroth |
Email : fshafroth@gmu.eduFrank Shafroth is the director of the Center for State and Local Leadership at George Mason University, where he is also an assistant professor, and is an adjunct professor in the Graduate School of Public Policy at George Washington University. He has served as the director of federal policy and intergovernmental relations for the Municipal Securities Rulemaking Board, was chief of staff for U.S. Rep. James Moran, was director of policy and federal relations for both the National Governors Association and the National League of Cities, and was assistant counsel for the U.S. Senate Banking Committee. He is a regular columnist for State Tax Notes and an attorney. He is currently heading a project for the MacArthur Foundation on the topic of severe municipal fiscal stress.
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