While many regard New York City as the greatest city in the world, one new study found it to be among the worst-run in the country.
WalletHub, an online financial advisory site, recently released a study of the Best- & Worst-Run Cities in America, with New York City ranking 145th out the county’s 148 largest cities, making it the fourth worst-run city in the nation.
“The best-run cities in America use their budgets most effectively to provide high-quality financial security, education, health, safety and transportation to their residents. Many of the top cities also have a very low amount of outstanding government debt per capita, which can prevent financial troubles in the future,” said WalletHub analyst Chip Lupo…