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Municipal Bankruptcies

PEW CENTER ON THE STATES INFOGRAPHIC A brief history of municipal bankruptcies There are approximately 55,000 state, local and other government entities that can issue municipal debt. Of these, only 262 have filed for bankruptcy in the last 32 years. Since 1980: 55,000 262 number of number of government entities that can municipal bankruptcies issue debt less than 0.5 percent 1980-2011: Municipal bankruptcies 262 By issuer type municipal utilities 92 school and education hospital and health care 42 63 city, village and county 49 transportation special municipal district other 49 City, village and county Chapter 9 filings by cities, villages and counties |All other municipal bankruptcy filings | Boise County, ID II Central Falls, RI II Harrisburg, PA II Jefferson County, AL. 1980 1989 1990 1999 2000 2009 2010-2011* 13 25 *as of November 11, 2011 Source: Pew Center on the States, analysis of data from Chapman and Cutler LLP and Municipal Market Advisors, 2011.

Municipal Bankruptcies

shared by curiona on Apr 25
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