Three out of five cities say revenues are not keeping pace with increasing fiscal demands, according to City Fiscal Conditions in 2004, a new report from the National League of Cities (NLC). Nashville can be considered one of those cities.
Only Hendersonville and Springfield responded to the survey from Tennessee but Metro Finance Director David Manning said he would place Nashville in that group.
Increases in spending for public safety and infrastructure, when coupled with the rising costs of employee health benefits, pensions and wages, are listed as contributing factors for the financial woes most cities are facing.
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