Challenges and Suggestions for Sustainable Urban Revenue From Instability to Sustainability: Addressing Urban Revenue Challenges in the 21st Century

Abstract

Ensuring sustainable urban revenue is a critical challenge for municipalities aiming to enhance economic competitiveness within regional urban networks. This study identifies key financial and economic obstacles faced by urban management, including dependency on unstable revenue sources and financial inefficiencies. Using a qualitative analysis of urban finance models and case studies, the research evaluates alternative strategies for sustainable municipal revenue. The findings suggest that reducing reliance on construction-related fees, promoting private sector investment, and leveraging financial institutions can contribute to financial resilience. Additionally, implementing renovation taxes as a continuous revenue stream can enhance municipal financial stability. These insights provide policymakers with a strategic framework for achieving long-term urban economic sustainability.