The Magazine August 2013 - Page 9

Tough Spots

No. of Muni. Bankuptcy Filings Since 2010: 36

Fresno, CA: Budget Shortfall: $4,200,000

Pension Pending Level: 78%

Pop. Change 2000-11: +16%

Unemp. Rate: 12%

North Las Vegas, NV: Budget Deficit: $18.8 Million

Pension Pending Level: 64%

Pop. Change 2000-11: +86%

Unemp. Rate: 11%

New Orleans, LA: Debt Obligations: $1.9 Billion

Pension Pending Level: 61%

Pop. Change 2000-11: -25%

Unemp. Rate: 7%

Birmingham, AL: Budget Deficit: $30 Million

Pension Pending Level: 81%

Pop. Change 2000-11: -12%

Unemp. Rate: 6%

Detroit, MI: Debt Obligations: $18.5 Billion

Pension Pending Level: 83%

Pop. Change 2000-11: -25%

Unemp. Rate: 18%

Philadelphia, PA: Debt Obligations: $9 Billion

Pension Pending Level: 46%

Pop. Change 2000-11: +1%

Unemp. Rate: 11%