Labor shortages, aging infrastructure, and affordable housing rank as the primary challenges facing public entities, according to respondents to HilltopSecurities' 2024 Public Entity Survey.

The survey, conducted between May and August, contains responses from more than 1,200 public sector employees and municipal market participants. Of those taking the survey, employees of cities, counties, and school districts accounted for 75% of the responses, with the most significant number coming from Texas, Florida, California, and Massachusetts, according to HilltopSecurities.

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