STUDY RANKS BALTIMORE LOW AMONG TOP CITIES FOR FINANCIAL HEALTH

A study by a non-profit accounting group ranks Baltimore 65th out of 75 of the nation’s most populous cities for financial health.  The ranking comes from Truth In Accounting, described as a government finance watchdog group.  It found Baltimore has a 2-point-8 billion dollar shortfall — or 13-thousand-200 dollars from each of its taxpayers.  The city’s financial status appeared to improve after the pandemic but the group says this was due to government stimulus money and unrealized gains in its pension investments.  The city’s taxpayer burden earned it a D grade from the organization.