By Jeffrey L Garceau Moving the nation’s economy forward is a joint effort of governments and business at all levels. Municipal efforts on the whole do not get enough national attention. By building strong communities and cities, we make our country stronger....
The most basic sign that a government is living within its means is that it balances its books at the end of the year. Traditionally, most city officials, experts, and observers of state and local government focus primarily on the general fund, usually a government's...
By Richard A. Ciccarone City Financial Challenges Beyond Pensions When Assessing the Credit Quality of America's Cities, pensions aren't the only big long term liability facing America's cities. Add to the list bonded indebtedness, other post-employment benefits...
In the second part of our series on city credit quality, the spotlight shifts to the Achilles heel for many cities: public pensions. by Richard A. Ciccarone Governmental credit quality is a byproduct of both the underlying economy and the cumulative...
