At the end of the fiscal year 2022, 53 cities did not have enough money to pay all of their bills.
This year's report highlights the volatility and risk surrounding pension plan assets and corresponding pension liabilities.
Truth in Accounting has released its sixth annual Financial State of the Cities report.
Despite receiving federal assistance from the CARES Act and other COVID-19 related grants, the majority of cities’ finances worsened. Total debt among the 75 largest U.S. cities amounted to $357 billion at the end of the fiscal year 2020, which was $23.5 billion worse than the last fiscal year.
Truth in Accounting has released a new analysis of the 10 most populous U.S. cities that includes their largest underlying government units.
The 2021 Financial State of the Cities (FSOC) surveys the fiscal health of the 75 largest municipalities in the United States. This data is released today by Truth in Accounting (TIA), a think tank that analyzes government financial reporting.
Our fifth annual Financial State of the Cities report. This analysis surveys the fiscal health of the 75 most populated US cities prior to the coronavirus pandemic.
Truth in Accounting has released a new report on the 10 largest U.S. cities. The City Combined Taxpayer Burden report analyzes the finances of each city, its county, state, and underlying government units.
Our fourth annual report on the financial condition of the nation's 75 largest cities.
Taxpayers in the ten largest U.S. cities face an average burden of nearly $50,000 each to pay debt incurred by county, state and “off-balance-sheet” city government entities, according to a new report released by the nonprofit organization, Truth in Accounting (TIA).
Nobody likes higher taxes, but a watchdog group says there is a 'debt bomb' ticking away in Texas cities, and it is likely to explode soon and require sharply higher taxes for everybody, News Radio 1200 WOAI reports.
TIA's new analysis of the 10 most populous U.S. cities and their largest local government units shows you're on the hook for more debt than you think.
By Kenric Ward, includes “As the nation marks “Sunshine Week” to promote open government, San Antonio’s rear-engineered debt package is the city’s latest, biggest example of government operating in the dark. …
By Kenric Ward, includes "... The gold-plated credit rating contrasts with the city's rising red ink.
Includes "... Weinberg says higher debt is associated with lower quality of life, poor transportation systems, and slow home price growth.
By Kenric Ward, includes "... In crony-capitalist fashion, San Antonio's master plan calls for the city to "assist the private market in adequately addressing housing needs ...