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.

By Carl Smith, includes “A YouTube video about the city’s budget has become a viral hit, amassing more than 700,000 views to date. Build, Unite, Create: Using LEGO Bricks to Explain Arlington's FY2022 Budget was shot using stop-motion animation in a LEGO reconstruction of the city …”

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. 

Plano, Texas, ranks fifth-best in the 4th annual "Financial State of the Cities” report published by the nonprofit financial watchdog Truth in Accounting (TIA).

Our fourth annual report on the financial condition of the nation's 75 largest cities. 

By Kenric Ward, includes “… The self-proclaimed “American Dream City” ranks No. 7 nationally for its financial health, according to a report by the nonpartisan Truth in Accounting.