Let’s look at the 2024 Financial State of the Cities, the annual report from Truth in Accounting. This one is based on the reports coming from FY2022, so there is a lag, as you can tell. I focus specifically on New York City, the city coming in dead last, as well as a coming development in “machine-readable” data for state and local financial reporting.
Episode Links
Truth in Accounting’s FSOC 2024
PDF: https://www.truthinaccounting.org/library/doclib/Financial-State-of-the-Cities-2024.pdf
A few graphs
A couple “random” towns I didn’t talk about:
In accounting terms, black is good, red is bad
Webinar:
Financial Data Transparency Act
Liz Farmer: 3 issues to watch in a landmark year for government financial data
DebtBook: Get the FDTA Playbook
Related Links
2020: Taxing Tuesday Special: State of the Cities from Truth in Accounting
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