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24/7 Wall St.: The Best- and Worst-Run Cities in America

Best-Run Cities

2. Madison, Wis.

Population: 236,889
Credit rating: Aaa, stable
Violent crime per 1,000 people: 3.48 (15th lowest)
Unemployment rate: 4.9% (2nd lowest)

Madison is home to the state capitol, as well as the University of Wisconsin’s flagship campus. In addition, the region is a base to employers in fields such as technology and healthcare. The unemployment rate of 4.9% in 2011 was the second-lowest among all large cities in the U.S. Of the city’s adult population, 54% have a bachelor’s degree, the third-highest rate among the top 100 largest cities. In December, the Madison City Council adopted a rule banning the government from using emergency reserves to fund the operating budget unless two-thirds of members vote otherwise. With the city exercising this kind of caution, it is no surprise Moody’s analytics rates madison general obligation debt as a perfect Aaa, with a stable long-term outlook.
(iStock)

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America's Best- and Worst-Run States
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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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