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Jacksonville received ‘D’ for fiscal health

Posted on AllSides February 16th, 2024
From The Center

A new report on the financial condition of America’s 75 largest cities ranked Jacksonville no. 65 of 75 for its fiscal health in fiscal year 2022. The report found that the majority of the cities did not have enough money to pay their bills, despite increased tax revenues and COVID relief funds. The analysis by Truth in Accounting, a non-profit government finance watchdog group, found Jacksonville needed $3.5 billion to pay its bills. This means that each Jacksonville taxpayer would have to pay $11,200 to get the city out of...

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