Truth In Accounting
Recent News About Truth In Accounting
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From Michigan Business Daily
Detroit has liabilities equaling $5,100 per taxpayer
Among the 75 most populous cities in the U.S., Detroit ranks 41st for the state of its finances, having $5,100 in liabilities per taxpayer, according to a Truth in Accounting (TIA) analysis of municipal data released last month.
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Minnesota receives ‘C’ grade on national ranking of states’ fiscal health
Minnesota would need $450 million to pay all of its bills, including public employers’ pension benefits, according to a new ranking of the states’ fiscal health by Truth in Accounting (TIA).