Marc Joffe, Director for the California Policy Center, which oversees the California Transparency Project, has released a nationwide study that places Irvine No. 1 among major cities in fiscal strength.

 

The Fiscal Health Index, published in The Fiscal Times, ranks 116 American cities with a population of more than 200,000. Irvine received a perfect 100 score.

 

Five factors were used to rank cities:

• The ratio of a city’s general fund balance to its expenditures;

• The ratio of its long-term obligations to total government-wide revenues;

• The ratio of actuarially determined pension contributions to total government-wide revenues;

• The change in local unemployment rank; 

• And, change in property values.

 

Here is the link:

 

To reach Marc Joffe: marc@calpolicycenter.org