Washington, D.C. ranked one of the best cities… or is it?
Published in Patch, October 11th
Conde Nast Traveler (CNT) released its “The Best Cities in the U.S.: 2019 Readers’ Choice Awards” this week. When comparing their list to Truth in Accounting’s 2019 Financial State of the Cities (FSOC) list there is only one city that makes the top ten on both lists. TIA’s FSOC is a ranking of the fiscal health of the nation’s 75 most populous cities based on fiscal year 2017 comprehensive annual financial reports. The study ranks the cities according to their Taxpayer Burden or Taxpayer Surplus™, which is each taxpayer’s share of city bills or surplus after available assets have been tapped.
