HOUSTON, Texas -- Compared to many of Texas' big cities, Houston is hardly making the grade fiscally.
That's according to a recent report from nonpartisan, nonprofit think tank Truth in Accounting. Houston earns a D grade for its financial health in Truth in Accounting's new Financial State of the Cites 2021 report, a comprehensive analysis of the fiscal health of the top 75 most populated cities in the U.S.
Based on fiscal year 2019, and therefore reflecting a pre-pandemic economy, the report examines a variety of financial factors to determine each city's "taxpayer burden" or "taxpayer surplus" to determine cities' rankings and grades.
For more on this story, visit our partners at Houston CultureMap.
Houston earns dismal grade for financial health, new report says
HOUSTON CULTUREMAP
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