As states and cities have begun lifting restrictions set early in 2020 due to the COVID-19 pandemic, panelists discuss the challenges and opportunities facing US cities, especially midsized ones that face challenges in a changed economy.

This special briefing features a panel of experts, including Bruce J. Katz, distinguished fellow, Lindy Institute for Urban Innovation at Drexel University; Stephanie Miner, former Mayor, Syracuse, New York; Kim Norton, Mayor, Rochester, Minnesota.

Notable Quotes:

“The Federal Government, however, has not really, to date, used cities and counties and states as a distribution system.” - Bruce Katz

“This year, the largest portion of our budget is property taxes, but the second largest, outside of our Enterprise Fund, is the hotel tax.” - Mayor Kim Norton

“The biggest lesson that came out of the Great Recession is that the assistance has to be directed towards municipalities.” - Stephanie Miner

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Special Briefing is published by the Volcker Alliance, as part of its Public Finance initiatives, and Penn IUR. The views expressed on this podcast are those of the panelists and do not necessarily reflect the position of the Volcker Alliance or Penn IUR.