Municipalities

State, Local Governments Took Home Most Money In Decades

Reuters | Posted 05.22.2012

Read More: Video, State and Local Politics, State-and-Local-Taxes, Funding for State and Local Government, State and Local Government, Reuters, Business News, Tax Revenue, State and Local Revenue, Municipalities, Business News

By Lisa Lambert March 22 (Reuters) - State and local government tax revenue rose in the final quarter of 2011 to the highest level on ...

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The Great Unraveling: Municipal Bankruptcies?

Richard Brodsky | Posted 04.30.2012

Read More: Alabama, Bankruptcy, Great Recession, Municipalities, Loan Payments, American Economy, Politics News

For the first time, local elected officials are talking about default or delay on loan payments, and about bankruptcy as a legitimate way out of their fiscal messes.

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From Local Officials To Wall Street Blame For County Bankruptcy Casts Wide Net

Posted 01.11.2012

Read More: Jefferson-County-Bankruptcy, Video, Municipal Bonds, Jefferson County, Jefferson County Alabama, Business News, Municipal Bankruptcy, Sewer Systems, Municipal Debt, Municipalities, Business News

From corrupt and incompetent local officials to Wall Street's credit crisis and toxic bonds, there was plenty of blame to go around on Thursday, a...

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Wells Fargo To Pay Millions For Rigging Bidding Wars

AP | By DAVID PITT | Posted 01.08.2012

Read More: Investment Banks, Video, Securities and Exchange Commission Wachovia Bank, Municipal Bond Market, Interest, JPMorgan Chase & Co., Wells Fargo & Co., Justice Department, J.P. Morgan Securities LLC, Municipalities, Bid-Rigging, Business News

DES MOINES, Iowa -- Wells Fargo & Co. said Tuesday it has agreed to pay at least $37 million in a lawsuit which alleges several banks rigged bidding c...

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Michigan Town Tearing Out Its Streetlights In Cost-Cutting Measure

The Huffington Post | Alexander Eichler | Posted 01.07.2012

The economic slowdown has put countless people out of work and eliminated millions of dollars in homeowner wealth. States and cities haven't been immu...

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Harrisburg Council Approves Bankruptcy Filing

AP | MARK SCOLFORO | Posted 12.12.2011

Read More: Municipal Bankruptcy, Business News, Harrisburg, Chapter 9 Bankruptcy, Harrisburg Pa Bankruptcy, Municipal Debt, Municipalities, Video, Business News

HARRISBURG, Pa. — Pennsylvania's distressed capital city filed for bankruptcy Wednesday, citing "imminent jeopardy" from lawsuits related to a d...

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NY Times: Debt Deal Does 'Real Damage' At The Local Level

The New York Times | Editors | Posted 10.14.2011

Read More: Discretionary Spending, State Spending, Debt Ceiling, State Aid, Spending Cuts, Debt Deal, Federal Spending, Republicans, Municipalities, Business News

States and cities had already endured a harrowing three-year financial slide when the debt-ceiling crisis darkened their outlooks even further. In the...

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Spain's Local, Regional Governments Running Out Of Money

AP | By ALAN CLENDENNING | Posted 10.14.2011

Read More: European Debt Crisis, Spain Bailout, Spanish Debt Crisis, Spain, Spain Debt Crisis, Europe, Municipal Debt, Spanish Debt, Municipalities, Business News

MORATALLA, Spain -- In this hillside town, topped by a medieval castle and surrounded by olive groves, the 120 municipal workers haven't been paid sin...

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Small Town America Pushes Back Against Cuts To Local Services

The Wall Street Journal | Kate Linebaugh | Posted 08.08.2011

Read More: State Budgets, Budget Cuts, State Budget Crisis, Small Towns, Municipal Services, Small Town America, Rick Snyder Budget Cuts, Municipal Debt, Rick Snyder, Municipalities, Politics News

Around the country public officials are asking themselves similar questions. Plunging property-tax receipts and rising pension and health-care costs h...

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The Clean Economist: The Utility of Utilities

Alison Wise | Posted 05.25.2011

Read More: Government, Energy, Energy Efficiency, Global Economy, Fossil Fuels, Urban Planning, Smart Grid, Renewable Energy, Electric Grid, Clean Energy, Global Warming, Municipalities, Business News

In past generations, we made assumptions about our economy that fit with the spirit of those times. This 20th century spirit is now haunting our present -- and threatening our future.

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America's Challenges: A Crumbling Infrastructure

Jim Worth | Posted 05.25.2011

Read More: Politics, Infrastructure, States, Stimulus, Economy, Municipalities, Republicans, Neglect, Politics News

How many more natural disasters will occur in America? And can they be prevented? Action must be taken now to identify, fund and correct our infrastructure deficiencies before they cause the senseless loss of more lives.

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Toxic Waters: Clean Water Laws Neglected At A Cost To Health

The New York Times | CHARLES DUHIGG | Posted 05.25.2011

Read More: Pesticides, Lead, Baths, Municipalities, Rashes, Health, Toxic Water, Wells, Clean Water Act, Heavy Metals, Barium, Epa, Clean Water Act Violations, Showers, Manganese, Pollutants, Arsenic, Water Utilities, Public Health, Sewage, Drinking Water, Green News

Jennifer Hall-Massey knows not to drink the tap water in her home near Charleston, W.Va. In fact, her entire family tries to avoid any contact wit...

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