Nashville, Memphis Given ‘C’ In Financial State Of The Cities Report
Nashville And Memphis Were Both Graded A “C” In Truth In Accounting’s Annual Financial State Of The Cities Report.
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Truth in Accounting
Report Ranks Tennessee As Having The 5th-Best Financial Condition In USA
Tennessee’s Financial Condition Continued To Improve Compared To Other States In 2022 As It Was Ranked As Having The Fifth-Best Financial Condition In The Country In A New Report.
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Tennessee Scores High In Financial Transparency Rankings
Tennessee Had One Of The Highest Financial Transparency Scores In The Country, According To Truth In Accounting’s Annual Ratings.
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TN Pension System Boasts Historic Investment Earnings
Tennessee’s State Pension System Made Money For The 12th Consecutive Year, Earning A 25.6% Return Last Fiscal Year; The Fourth-Highest Rate Since The Tennessee Consolidated Retirement System Was Consolidated In 1972.
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Tennessee One Of 11 States With Financial Surplus
Tennessee Continued Its Trend Of Growing A Financial Surplus As The State Ranked Sixth Nationally For Its Fiscal Health, According To Truth In Accounting’s Annual Financial State Of The States report.
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Nashville’s Financial Health Earns It ‘Sinkhole City’ Designation
Nashville Recently Was Named A “Bottom 5 Sinkhole City” By A Nonpartisan Think Tank Based On Fiscal Year 2019 Comprehensive Annual Financial Reports.
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Majority of U.S. Cities Were Unprepared For Financial Fallout From Statewide Shutdowns
The Majority Of U.S. Cities Were Ill-Prepared For Any Financial Crisis Last Year, Let Alone The One Brought About By Their Respective State Shutdowns In Response To The COVID-19 Pandemic, A New Report By The Nonprofit Truth In Accounting Concludes.
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