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Report: Eight of Texas’ largest cities are in poor financial health

MARCH 23, 2021 | by Bethany Blankley | THE CENTER SQUARE – TEXAS

By Bethany Blankley, includes “Eight of Texas’ largest cities are in the red, and one – Plano – ranks ninth-best for its financial health, according to a recent study. In its fifth annual Financial State of the Cities report, the Chicago-based nonprofit Truth in Accounting analyzed fiscal year 2019 annual financial reports of the 75 largest cities in the U.S. … By the end of fiscal year 2019, TIA found that the vast majority of the 75 cities – 62 – did not have enough money to pay all of their bills, including eight of Texas’ largest cities.”

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