This article from Strong Towns, part of a series on city finances, contrasts the budgetary realities of cities with those of national governments, arguing that cities operate more like households. Focusing on Brainerd, Minnesota, the piece utilizes the Strong Towns Finance Decoder to analyze the city’s sustainability, flexibility, and vulnerability, revealing concerning trends in its financial position. It emphasizes that unlike nations, cities cannot endlessly borrow or print money, and must confront the consequences of overspending through service cuts, tax increases, or debt. The article advocates for a more realistic and fiscally responsible approach to municipal finance, urging cities to prioritize maintenance and self-sufficiency.

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