By Arianna Wilkerson, from May 2019, includes “… The City Combined Taxpayer Burden (CCTB) report analyzes the combined debt (assets minus liabilities) of each city, county, state, and underlying government unit (such as school and park districts) for fiscal year 2017. … Every city listed in the report has a balanced budget requirement. However, lawmakers routinely employ accounting gimmicks to skirt such rules. …”
Read the full article on: The Heartland Institute