2020 Financial State of Seattle (Released 1/25/2022)
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Includes: "Seattle is one of 26 cities to receive a grade of ‘C’ for total debt per taxpayer according to Truth in Accounting’s new Financial State of the Cities report. ... Even though all 75 cities have a balanced budget requirement in place but racked up billions in debt, TIA noted that municipalities use various accounting tricks to make their budgets appear balanced. "