Local Governments Use Federal Relief Funds to Offset Inflation Impact

Inflation is expected to remain around 8% for August according to Bloomberg. While this may be slightly lower than the 8.5% consumer price index recorded in July, the continued rise in inflation from a year ago increases the cost of providing and maintaining government programs and services at the local level. The National League of Cities has reported that cities are using federal pandemic relief funds to address the impact of inflation.

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