December 2, 2012
Accounting
New York’s Comptroller, Tom DiNapoli has issued a draft proposal for identifying local governments at risk of fiscal stress. An earlier report touches on local fiscal distress. And here, former Assemblyman Richard Brodsky discusses the earlier Comptroller’s report. It’s a good idea, and given the local governments that have already gotten themselves in trouble the […]
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April 6, 2012
Cities
Even though the most recent “Great Recession” is officially over and even though it appears we are slowly emerging from its aftermath, governmental finances have not escaped its gravitational pull. The recession was bad enough. Many communities, which were economically strapped to begin with, started with a small buffer and are just now running out […]
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