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Houston gets a "D" when it comes to city finance- What's Your Point?

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Published  January 30, 2022 3:12pm CST
What's Your Point?
FOX 26 Houston

Independent watchdog gives Houston a "d" in city finances

Houston's Sunday morning political debate show! The WYP panel talks about city being in debt and without a balanced budget according to independent watchdog group Truth in Accounting.

HOUSTON - City of Houston - we've got a problem.

According to an independent analysis by the non-profit Truth in Accounting, Houston’s finances are in pretty rough shape.

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Citing a debt load of $13,200  for every citizen, Houston ranked 60th out of the top 75 populated cities in the nation - and the worst in Texas.

That earned our community a letter grade of "D" - which the group says applies to cities with "unbalanced budgets" and significant debt.

If it's any consolation New York, Chicago and Philadelphia, Baltimore and Portland - all received "f"s