Research Reports
Filtering by Tags: financial distress Clear All
2013
An Analysis of Survey of Financial Condition Data (2013)
May 07, 2013 | Local Government Finance and Administration
This research analyzed 2007 to 2010 data from the Pennsylvania Department of Community and Economic Development’s (DCED) Survey of Financial Condition (SOFC) to identify municipalities experiencing the symptoms of financial distress. The researchers collected socio-demographic, economic, and financial data on all 2,562 cities, boroughs and townships in Pennsylvania and defined a symptom of financial distress as any “yes” answer on the SOFC form, if the question matched the criteria of financial distress established by the Municipalities Financial Recovery Act of 1987 (53 P.S. §§ 11701.101 to 11701.501 and all amendments), also known as Act 47.
Tags: financial distress , municipal finance , survey of financial condition , act 47
Introducing the Center's new journal, Rural Policy: The Research Bulletin of the Center for Rural Pennsylvania.