Panel discussion on how to measure, benchmark and monitor progress on key indicators of economic success in your city or region, and use data to move the needle on city progress. For more info, visit ceosforcitiesnationalmeeting.org.

1. Economic and Fiscal Metrics
www.pewtrusts.org
Bob Zahradnik
Thursday, November 6, 2014

2. www.pewtrusts.org/fiscal-health
70%
75%
80%
85%
90%
95%
100%
105%
110%
115%
Denver
Los Angeles
Chicago
Houston
Dallas
Baltimore
Pittsburgh
Philadelphia
San Diego
Kansas City
Tampa
Miami
Cleveland
Orlando
Phoenix
Sacramento
Las Vegas
Riverside
Detroit
Washington, D.C.
San Francisco
Portland
Seattle
Boston
San Antonio
St. Louis
Minneapolis
Cincinnati
New York
Atlanta
2012 revenue as percent of previous peak, by city
Most Cities had not Recovered by 2012

3. Property Tax Collections in Most Cities Did Not Begin
to Decline until After the Great Recession Ended
Property tax year-over-year percent change: average across 30 cities, 2008-12
8 Cities with Losses
6%
4%
2%
0%
-2%
-4%
Note: Shaded area represents the period of the Great Recession as
defined by the National Bureau of Economic Research
www.pewtrusts.org/fiscal-health
9 Cities with Losses
18 Cities with
Losses
18 Cities with
Losses
24 Cities with
Losses
-6%
2008 2009 2010 2011 2012

4. Intergovernmental Revenue Peaked
in 2010
Year-over-year percent change: average across 30 cities, 2008-12
11 Cities with
Losses 10 Cities with
15 Cities with
Losses
6%
4%
2%
0%
-2%
-4%
Note: Shaded area represents the period of the Great Recession as
defined by the National Bureau of Economic Research
www.pewtrusts.org/fiscal-health
Losses
17 Cities with
Losses
22 Cities with
Losses
-6%
2008 2009 2010 2011 2012

5. Fiscal 50: State Trends and Analysis
Key indicators of fiscal health
REVENUE SPENDING ECONOMY AND PEOPLE LONG-TERM COSTS FISCAL POLICY
Tax Revenue
Federal Share
of State Revenue
Change in State
Spending
www.pewtrusts.org/fiscal-health
Employment to
Population Ratio
Debt and Unfunded
Retirement Costs
Reserves and
Balances

6. State Tax Revenue is Slow to Recover
From Recession
Inflation-adjusted, 1Q 2014
0
-5
-10
-15
2006 2007 2008 2009 2010 2011 2012 2013 2014
www.pewtrusts.org/fiscal-health
50 states
R E C E S S I O N
Percent
-13.0%
2.2%
2006 2007 2008 2009 2010 2011 2012 2013

7. State Tax Revenue Recovers Unevenly
Inflation-adjusted, 1Q 2014
Below -15%
-15% to 0%
0% to 15%
Above 15%
www.pewtrusts.org/fiscal-health

8. Days that States Could Run on Reserve Funds
FY2014 (estimated)
R E C E S S I O N R E C E S S I O N
FY 2001 FY 2003 FY 2005 FY 2007 FY 2009 FY 2011 FY 2013
45
40
35
30
25
20
15
10
5
www.pewtrusts.org/fiscal-health
50-state median
FY2014:
23.2 days
Days FY2007:
41.3 days
FY2013:
32.6 days

9. For additional questions or information, please contact:
Bob Zahradnik:
rzahradnik@pewtrusts.org
pewtrusts.org/fiscal-health
pewtrusts.org/cities
www.pewtrusts.org/fiscal-health