2014 Facts: State and Municipal Bankruptcy, Municipal Bonds, State and Local Pensions

The Great Recession had a significant impact on state and local budgets, resulting in increasing levels of scrutiny and attention to the financial viability of states and municipalities, particularly relating to bankruptcy, bonds and pensions.  The Council of State Governments has joined with national organizations representing the nation’s governors, state legislatures, and state and local officials to release “2014 Facts: State and Municipal Bankruptcy, Municipal Bonds, State and Local Pensions,” a report that provides research and data that policymakers need regarding the fiscal health of state and local governments.

 

Tags: