Friday, August 20, 2010

Ah The Budget

Because cities are site-specific, they respond to changing paces and patterns of development and decline in their area. They may, through their taxing and regulatory powers, try to influence the location decisions of firms and individuals as the latter navigate the constantly changing waters of economic activity and social change. Cities provide services within their borders to residents, businesses, and those vacationing there, doing business or simply passing through. Many cities must work harder to provide these services because they have smaller tax bases, larger dependent populations, less income and wealth, or because of their natural features (like harsh weather or sparse populations).

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