Recently, it’s been suggested that the collapse of the Ponzi scheme of spending and taxing inherent in sprawling development patterns may be responsible for pushing municipalities to the brink of bankruptcy. Ariel Godwin applies a quantitative analysis to examine whether there is, in fact, a correlation between city form and expenditures. Exclusive
Oct 1, 2012 By
The recent bankruptcy of the California city of Mammoth Lakes - brought on by a $43 million court decision in favor of a developer - is an extreme example of the cost of land use disputes. But it's indicative of a widespread problem in the state.
Sep 10, 2012 Los Angeles Times
Nate Berg takes a look at the seven biggest cities to have filed for bankruptcy in the last two decades, the largest of which officially broke the bank as of yesterday.
Jun 28, 2012 The Atlantic Cities
Since declaring bankruptcy in 2008, the climb out of the budgetary depths hasn't been an easy one for the city of Vallejo, California. But, as it springs back to life, could Vallejo become a model for how to run a city in an age of austerity?
May 24, 2012 The Washington Post
Many voices have raised concerns over municipalities defaulting on bonds during these tough economic times. But as this op-ed argues, those concerns are misguided.
Mar 22, 2011 The New York Times
Budget-troubled Jefferson County, Alabama -- once thought to be on the brink of the largest municipal bankruptcy in U.S. history -- is moving forward with plans to clean up its finances.
Mar 11, 2011 Reuters
The tiny city of Hamtramck, Michigan, is edging closer to bankruptcy, as budget woes grow.
Dec 28, 2010 The New York Times
As the economic downturn has caused many states and municipalities to borrow large amounts of money, some worry there may be a glut of them going bankrupt.
Oct 18, 2010 Governing
The economic recession is pushing many municipalities towards declaring bankruptcy.
Feb 22, 2010 The Wall Street Journal
Municipal bonds are being defaulted on left and right. But the news sounds worse than it is. Few of those defaults are by cities -- for now.
Aug 13, 2009 Governing