Finance

Why Don't More Cities Sell Air Rights?

Vertically inclined cities could make a lot of money allowing private developers to build high-rise apartments or business spaces above libraries, city halls and schools.

Railroad Tax Fight Lands on Supreme Court Docket

Millions of dollars of tax revenue are at stake in a long-running dispute between Alabama and CSX. The decision could affect state tax systems nationwide.

Fracking's Financial Losers: Local Governments

Localities are forced to deal with much of the problems associated with fracking, while states and the federal government rake in all the revenue.

Pensions' Unfunded Liabilities Still Going Up

A new survey finds that pension funding levels across all states and major cities inched downward in 2013 and that cities are bearing a greater burden in their budgets than states.

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