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The Financial State of the 3 Largest U.S. Cities

October 29, 2018

On Oct. 30, Truth in Accounting released its annual reports for New York City, Los Angeles and Chicago. The analyses show the financial condition of the nation's three largest cities at the end of the 2017 fiscal year. Click on the name of the city to download its report.

1. New York City

  • Taxpayer Burden: -$64,100
  • Money needed to pay bills: $185.5 billion
  • Grade: F

2. Los Angeles

  • Taxpayer Burden: -$6,000
  • Money needed to pay bills: $7.7 billion
  • Grade: D

3. Chicago

  • Taxpayer Burden: -$36,000
  • Money needed to pay bills: $32.5 billion
  • Grade: F
 
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