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Majority of U.S. cities finances worsened during beginning of COVID-19 pandemic

FEBRUARY 1, 2022 | by Editorial | GLOBALNEWSWIRE

“The 2022 Financial State of the Cities (FSOC) surveys the fiscal health of the 75 largest municipalities in the United States. This report has been released today by Truth in Accounting (TIA), a think tank that analyzes government financial reporting. . . . Despite receiving federal assistance from the CARES Act and other COVID-19 related grants, the majority of cities’ finances worsened.”

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