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League to Host First in a Series of Regional Meetings Examining the Future of Municipal Finance

November 13, 2014

FOR IMMEDIATE RELEASE
November 13, 2014
Contact: Scott Mooneyham
(919) 715-9768
smooneyham@nclm.org


A Path Forward: Vibrant Cities Today and Tomorrow
League to Host First in a Series of Regional Meetings Examining the Future of Municipal Finance


(RALEIGH) -- Over the last three decades, North Carolina’s major cities, as well as towns in close proximity to them, have experienced some of the largest rates of population growth in the country. During the same period, dozens of other North Carolina towns have seen population losses as traditional manufacturing jobs have moved away. Against this backdrop of population shifts and changing demands on municipal government, North Carolina cities and towns face state policies and trends that threaten traditional sources of revenue and limit growth.

To further a statewide conversation about the future of municipal finance, the North Carolina League of Municipalities will host the first in a series of regional meetings in Southport on December 3, 2014. This meeting series, A Path Forward: Vibrant Cities Today and Tomorrow, will look at the challenges facing municipalities, big and small, including the $62 million fiscal cliff created by the pending loss of privilege license tax revenue.

“Fundamental changes that are affecting how and where people live, combined with state policies that place new limits on how cities can raise revenue and pay for the services that residents desire, demand a public conversation about how North Carolina municipalities move forward in the future,” said League President and Burlington Mayor Ronnie Wall. “Healthy cities and towns are critical to a healthy state economy.”

The Southport meeting will include a presentation by League staff looking at the history of municipal finance, comparative data with other states, and where cities and towns stand today. A panel discussion will focus on the economic pressures faced by communities around the state and how a tax structure that promotes low property taxes has played a critical role in economic development. Panelists will include elected and appointed municipal officials from across the region, and those playing key roles in economic recruitment and business development.

When: Wednesday, December 3, 2014, 3:00 p.m. – 5:00 p.m.
Where: Southport Community Building, 233 East Bay St., Southport NC 28461

About the League
The North Carolina League of Municipalities is a membership association of 540 great hometowns – representing nearly every municipality in the state. The League advocates for its members, from the largest city to the smallest village, on the full range of legislative issues that affect municipalities.

For more than 100 years, the League has promoted – and continues to promote – good government by offering non-partisan advocacy, insurance and other services – as directed by its membership.

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Posted on November 13, 2014 by Cara Bridges