Tuesday, January 29, 2019

Baltimore's debt shakes out to $14K per taxpayer, study finds

Baltimore City has debt of more than $3 billion, putting a roughly $14,000 burden on each of the city’s taxpayers, a new study by Truth in Accounting has found. The Chicago-based nonprofit released its annual Financial State of the Cities report Tuesday morning, which analyzes and grades the fiscal health of 75 major U.S. cities. Truth in Accounting gave Baltimore a “D” for its high taxpayer burden and ranked it as the 12th worst city in the country for budget issues. Baltimore has $5.4 billion…



from https://www.bizjournals.com/baltimore/news/2019/01/29/baltimores-debt-shakes-out-to-14k-per-taxpayer.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/182395661242

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