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A.G. GancarskiOctober 27, 2017

An analysis from Bloomberg released Friday asserts that Jacksonville has the highest fixed cost ratio (31.6 percent) of any city with over 250,000 residents. This analysis is sharply disputed by the administration of Jacksonville Mayor Lenny Curry, however, which claims that Bloomberg is using old data that doesn’t take into account pension reform. “When you measure those […]

A.G. GancarskiAugust 21, 2017

Bloomberg Intelligence strategist Eric Kazatsky offered some cautionary words about Jacksonville’s bonds this week, relevant as the city continues to attempt to improve its perception in the eyes of ratings agencies. “Despite stable fund and cash balances,” Kazatsky writes, “the city has been challenged by a steadily increasing fixed-cost ratio, which could put downward pressure on […]

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Tag: Bloomberg Intelligence

Is Jacksonville hamstrung by fixed costs? City disagrees with Bloomberg analysis

Bloomberg warns of ‘downward pressure’ on Jacksonville’s credit rating