Home » WalletHub.com: Lexington 5th-best-run city in U.S.; Louisville 10th

WalletHub.com: Lexington 5th-best-run city in U.S.; Louisville 10th

Running a city is a tall order. The governments of large cities, especially, can be more complex and difficult to manage than entire countries. In addition to representing the residents they serve, local leaders must balance the public’s diverse interests with the city’s limited resources. Consequently, not everyone’s needs can or will be met. Leaders must carefully consider which services are most essential, which agencies’ budgets to cut or boost, whether and how high to raise taxes, among other important decisions that affect the daily lives of city dwellers.

How did WalletHub.com measure the effectiveness of local leadership? One way is by determining a city’s operating efficiency, the website said. In other words, we can learn how well city officials manage and spend public funds by comparing the quality of services residents receive against the city’s total budget. More on the WalletHub.com study.