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Two South Florida Cities In Top Ten “Cities With Most Efficient Public Spending” List

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With primary-election season in full swing and the tax filing deadline approaching, the personal finance website WalletHub conducted an in-depth analysis of 2016’s Cities with the Most Efficient Public Spending.

To identify the local governments that are spending taxpayer dollars most efficiently, WalletHub’s analysts tallied the scores among 78 of the largest cities on key expenditure categories.

The City of Miami ranked number two while Hialeah came in 6th.  Four other Florida cities were on the list, none of those from South Florida.

Cities with the Most Efficient Public Spending
1 New Orleans, LA 11 Baton Rouge, LA
2 Miami, FL 12 Tulsa, OK
3 Philadelphia, PA 13 Richmond, VA
4 Cleveland, OH 14 El Paso, TX
5 Houston, TX 15 Cincinnati, OH
6 Hialeah, FL 16 Austin, TX
7 Dallas, TX 17 Buffalo, NY
8 Charlotte, NC 18 Fort Wayne, IN
9 Pittsburgh, PA 19 San Antonio, TX
10 Phoenix, AZ 20 Lubbock, TX

By Richie Bernardo for the WalletHub News Release for SouthFloridaReporter.com, April 4, 2016

WalletHub is the first-ever website to offer free credit scores and full credit reports that are updated on a daily basis. But we consider that just an appetizer, as we’ve built the brain of an artificially intelligent financial advisor that will truly leave your wallet full. WalletHub’s brain performs three primary functions, providing: 1) Customized credit-improvement advice; 2) Personalized savings alerts; and 3) 24/7 wallet surveillance. Such features are supplemented by more reviews of financial products, professionals and companies than any other website offers and a diverse community of subject matter experts. WalletHub is owned by Evolution Finance, Inc. and is based in Washington, DC.