NCDS Blog

For First Time in Seven Years, Cities Anticipate Revenue Decline

Sunday, December 01, 2019

In the Los Angeles suburb of Bellflower, California, officials are getting the city budget ready for a slowdown by tightening spending and beefing up reserves. For the past five months, the state’s fiscal health index has been trending downward, a shift that Mayor Pro Tem Juan Garza said weighs heavily on the city’s own forecasting. “For California to be experiencing that,” he said, “it’s an indicator of not only what California is going to experience, but also the rest of the country.”

In fact, for the first time in seven years, cities across the country are collectively anticipating a decline in revenue as rising concerns over trade, weakening economic indicators, and increasing spending pressures are taking their toll on city budgets.

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“NCDS has been our fundraising firm of choice since they first helped us devise the Forward Sioux Falls operating model in 1987, and raised $1.8 million to implement it.  Not only is the firm exceptionally skilled at raising money, they also understand the importance of generating buy-in and sustained commitment.  NCDS has helped us exceed goal in seven campaigns, the latest of which has a $15.5 million target, and when the current campaign is completed, NCDS will have helped us raise $53 million to fund our initiatives.  Our top community leaders expect the best from our organization, and the exceptional team at NCDS always works hard to help us exceed those expectations.” 

Evan Nolte, President & CEO • Sioux Falls Area Chamber of Commerce

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