Why there are no big cities that have municipal broadband networks

Recently, the Institute for Local Self-Reliance compiled this map of all the communities in the country that control their own access to the Internet. There are about 340 of them with publicly owned fiber-optic or cable networks, serving either all or parts of town. Those residents and businesses in the places served don’t have to spar with telecom giants like AT&T and Comcast. They get their Internet instead – like many communities do their electric utility – straight from the city.

 

 

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Growing Wave of Pension Shortfalls Threatens Local Governments

pensions

Wave of pension shortfalls threatens to wash over many local governments in the near future.

The nation’s largest municipal pension plans are carrying a total unfunded liability of $574 billion, which comes on top of as much as $3 trillion in unfunded pension promises made by the states, according to a report released Tuesday.

 

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