Ciccarone

Tollroads Show Strongest Growth in Total Revenue Growth

Tollroads Edge Hospitals for the Municipal Bond Credit Sector Revenue Honors Tollroad and Hospital Sectors easily led all other municipal bond credit sectors when it came to annual total revenue growth over the recent five year period spanning 2012 through 2017....

Aging Infrastructure Is a Problem, From Any Point of View

Accounting Approach Shows Aging Infrastructure Kicks Additional Costs to the Future Validating the Aging Infrastructure Problem from the Engineer’s Point of View There are few public-minded cities and governmental officials that are unaware of America’s recent habit...

Assessing the Credit Quality of America’s Cities – Part Four: FY 2014 Financial Condition

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...

Assessing the Credit Quality of America’s Cities – Part Two: The Achilles Heel to the Fiscal Condition of Cities – Public Pensions

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...

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