An Ounce of Prevention: Managing the Ballooning Liability of Philadelphia’s Pension Fund’ examines the City’s pension crisis, highlighting a $2.9 billion unfunded liability and projected cost increases of 76% from FY01 to FY06. The report urges immediate reforms, including adjusting benefit structures and funding policies to improve the pension fund’s health.

The Reversing the Trend of Doing Too Little with Too Much report examines the City’s infrastructure investment shortfalls and growing debt obligations, revealing that long-term liabilities increased by 64% while capital spending declined by 42% from FY01 to FY06. The report recommends debt reduction strategies and prioritizing pay-as-you-go infrastructure investments.