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

Since Detroit declared bankruptcy in 2013, many have questioned the overall financial condition of state and local governments(...)

Jan 1, 2014

Since Detroit declared bankruptcy in 2013, many have questioned the overall financial condition of state and local governments, particularly concerning bankruptcy, bonds, and pensions. What are the facts? ICMA joined with the 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.”

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