Truth in Accounting: Making Cities' Finances Transparent for All

 

Sheila Weinberg, Founder and CEO of Truth in Accounting.

Last year, our friends over at Urban3 introduced us to a nonpartisan nonprofit called Truth in Accounting, which recently published Financial State of the Cities 2022, an annual report that they do on local governments and the state of their budgets.

It’s an incredible piece of work, one that says, “We do not advocate for anything: no tax policy, no spending policy. The only thing we advocate for is good budgeting and accounting.” Their only goal is to get the numbers out there to the public, as they believe strongly that governments are harmed when citizens (and sometimes even elected officials) are in the dark when it comes to financial information. Knowledgeable decisions can’t be made if people don’t know the true financial condition of their government.

Sheila Weinberg, a CPA and Founder and CEO of Truth in Accounting, joins Chuck Marohn today on the Strong Towns Podcast to talk about the work her organization is doing to make municipal financial information both transparent and available to everyone.

 
 
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Featured
Charles Marohn
Charles Marohn

Charles Marohn—known as “Chuck” to friends and colleagues—is the founder and president of Strong Towns. He is a land use planner and civil engineer with decades of experience. He holds a bachelor’s degree in civil engineering and a Master of Urban and Regional Planning, both from the University of Minnesota.

Marohn is the author of Strong Towns: A Bottom-Up Revolution to Rebuild American Prosperity (Wiley, 2019) and Confessions of a Recovering Engineer: Transportation for a Strong Town (Wiley 2021). He hosts the Strong Towns Podcast and is a primary writer for Strong Towns’ web content. He has presented Strong Towns concepts in hundreds of cities and towns across North America.

 
Podcast, Marohn, Top StoryStrong Townsfinance, public finance, municipal finance, nonprofit sector, local government, Municipalism, podcast, local economy