Lisa Lambert writes Portland, Ore. recovered the highest revenue level at up to 110 percent, which is similar to the city’s peak prior to the recession, after the end of 2011 fiscal year on June 30, 2012.
Other cities that achieved pre-recession revenue peaks included Washington, San Francisco, San Antonio, Pittsburgh, Atlanta, Dallas, Chicago, St. Louis, Cincinnati, Baltimore, New York, Philadelphia and Denver.
Pew found delays of property tax assessments resulted in local funds being damaged by the recession, according to Reuters.