2022
DOI: 10.4324/9780429270765
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Understanding Municipal Fiscal Health

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“…For example, not all states allow municipalities to use Chapter 9 of the Federal Bankruptcy Code. A similar set of constraints exists with budgetary regulation and oversight, with states such as Michigan and North Carolina imposing emergency managers and financial monitoring on municipalities (Maher et al, 2023). By tracing out just what type of situation Newville finds itself operating in, we can come to an understanding of how it chooses certain actions over others.…”
Section: Illustrating Situational Analysismentioning
confidence: 99%
“…For example, not all states allow municipalities to use Chapter 9 of the Federal Bankruptcy Code. A similar set of constraints exists with budgetary regulation and oversight, with states such as Michigan and North Carolina imposing emergency managers and financial monitoring on municipalities (Maher et al, 2023). By tracing out just what type of situation Newville finds itself operating in, we can come to an understanding of how it chooses certain actions over others.…”
Section: Illustrating Situational Analysismentioning
confidence: 99%