Home / News / Portland Tops Pew Post-Recession Recovery City Survey

Portland Tops Pew Post-Recession Recovery City Survey

money-graphA Pew Charitable Trusts study indicates that financial assistance from U.S. states helped some cities rebound from the recession that occurred from 2007 to 2009, Reuters reported Monday.

Lisa Lambert writes Portland, Ore. recovered the highest revenue level at up to 110 percent, which is similar to the city’s peak prior to the recession, after the end of 2011 fiscal year on June 30, 2012.

Other cities that achieved pre-recession revenue peaks included Washington, San Francisco, San Antonio, Pittsburgh, Atlanta, Dallas, Chicago, St. Louis, Cincinnati, Baltimore, New York, Philadelphia and Denver.

Pew found delays of property tax assessments resulted in local funds being damaged by the recession, according to Reuters.

Check Also

GAO: Air Force to Deploy New Combat Rescue Helicopters to Active Component by FY 2020

The Government Accountability Office has found that the U.S. Air Force intends to start fielding in fiscal 2020 new Combat Rescue Helicopters to replace aging HH-60G Pave Hawk helicopters that have recorded the most flight time when it comes to staff recovery missions. GAO said in a report published Thursday the service will initially deploy the new helicopters to the active component six years ahead of the reserve component and to the Air National Guard by 2027.

Leave a Reply

Your email address will not be published. Required fields are marked *