New York City, NY|News|
New York City Receives Failing Grade for Fiscal Health
New report details the finances of the five largest U.S. cities

Truth in Accounting is a Chicago-based think tank, dedicated to educating and empowering citizens with understandable, truthful, and transparent government financial information.
Founded in 2002, Truth in Accounting believes truthful accounting is the key for citizens, legislators, and the press to clearly understand the truth about government finances. To be knowledgeable participants in their governments' financial decisions, citizens need accurate and complete financial information. Our work has focused on encouraging public entities to produce financial reports that are comprehensive, clear, and transparent; and informing the public of the importance of truthful accounting.
New report details the finances of the five largest U.S. cities

New report breaks down the finances of the five largest U.S. cities
New report breaks down the finances of the five largest U.S. cities
New report breaks down the finances of the five largest U.S. cities
New report breaks down five largest U.S. cities
Today marks 460 days since fiscal year 2024 ended
Today marks 460 days since fiscal year 2024 ended
Today marks 460 days since fiscal year 2024 ended
Today marks 460 days since fiscal year 2024 ended
Today marks 460 days after the fiscal year ended
The state ended 2024 with a surplus
The state earned a "B" grade for its fiscal health
The state earned a "B" grade for its fiscal health
The state needed $5.3 billion to pay its bills
The state ended the fiscal year with a surplus
The state needed $10.8 billion to pay all of its bills
The state earned an "A" grade for its finances
The state had more than enough money to pay its bills