New Independent Analysis of Bridgeport Finances Finds City’s Bills Exceed its Assets by $1.7 billion

The city of Bridgeport has only $223 million available to pay $1.9 billion worth of bills, leaving it with a $1.7 billion financial hole, according to a new independent analysis by the Truth in Accounting (TIA) think tank. The findings were released at a public forum today at the Bridgeport Public Library hosted by Better … Continue reading New Independent Analysis of Bridgeport Finances Finds City’s Bills Exceed its Assets by $1.7 billion

New Independent Financial Analysis Will Reveal Alarming Challenges in Bridgeport

Truth in Accounting (TIA), a think tank that has analyzed government financial reporting since 2002, will release a new analysis of Bridgeport’s financial health at a public forum on Saturday, October 29 hosted by Better Bridgeport Political Committee. The TIA report – titled “The Financial State of Bridgeport” – will compare Bridgeport’s assets with its … Continue reading New Independent Financial Analysis Will Reveal Alarming Challenges in Bridgeport