Baton Rouge has one of the heaviest debt loads relative to its revenues of any municipality in the U.S., according to a recent report from JP Morgan Chase. According to the study, some 52% of city-parish dollars are obligated to pay for unfunded pension liabilities, retiree healthcare costs, and general bonded debt for programs like
Not a list you want to be on: Baton Rouge ranks in top 5 overleveraged US cities
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