Your city’s pension liability is worse than you think
The problem is cities' overly optimistic assumptions to calculate their liabilities, including unrealistically high rates of return on pension fund ...
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Tag: Fiscal Policy
Contra Strong Towns
Most Americans live in suburbs — they do so because they find it an attractive and low cost of living. Many ...
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Traditional downtowns are dead or dying in many US cities − what’s next for these zones?
Many cities face an urban doom loop, with a massive oversupply of office and retail space, fewer commuters and a ...
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Truth in Accounting: Financial State of the Cities 2022
At the end of FY 2020, 61 cities did not have enough money to pay all their bills. This means ...
Read moreDetailsBCP and Dole Institute of Politics video: Subsidies in the city
Competition to woo Amazon’s new headquarters brought national attention to economic development subsidies, but the practice is not new.
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Most large U.S. cities don’t have enough money to pay their bills — report
Truth in Accounting's annual look at the fiscal state of America's largest cities has no A's -- and quite a ...
Read moreDetailsBCP and Dole Institute of Politics video: Trends in municipal growth and finance
What finance and budgeting look like at the local level and how these fields have adapted with time.
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Next COVID casualty: Cities hit hard by the pandemic face bankruptcy
U.S. cities are fast running out of cash. The pandemic will reduce local government revenues by an estimated US$11.6 billion in 2020. ...
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Public-sector pensions and the COVID-19 shock
The economic shock of the pandemic may push a number of state and local pension plans to dangerously low funding ...
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Local governments should embrace change ahead of likely fiscal woes
Local governments of all sizes need to consider not just how to get through the near-term health crisis, but also ...
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