Government financial watchdog gives Jacksonville D grade; questions if city can afford new stadium” via Ben Becker of Action News Jax — Action News Jax Investigates is looking into whether the City of Jacksonville can afford a new stadium following a new report by a nonprofit government financial watchdog that says the city is spending tomorrow’s money today in an unsustainable fashion. “How grim is the Jacksonville financial picture right now?” Action News Jax’s Ben Becker asked Shelia Weinberg, the CEO of Truth in Accounting. “It’s not a beautiful picture at this point in time,” said Weinberg. A new report by Truth in Accounting on the financial condition of America’s 75 largest cities concluded that 53 cities did not have enough money to pay their bills, including Jacksonville, ranked 65th, receiving a D grade.