TVA for PLACE USA Baltimore MD ... a slideset in development to explain why there needs to be a development plan for Baltimore, what needs to be donem and how the work can be done. We can learn from history that many of the ideologies associated with both the left and the right of the political landscape have been in large part wrong, though with some elements that were right. For the future to be better than the past, there has to be a better use of what works and a complete avoidance of what does not work. True Value Accounting is a tool that can be deployed to help in this process.

1. File: p3-TVA-for-PLACE-USA-Baltimore-MD-160325.odp Peter Burgess (c) All rights reserved
True Value Accounting
for
Place - USA
Baltimore MD
TRUE VALUE ACCOUNTING

2. CONTEXT
This slideset is a Work-in-Progress
and will be updated from time to time.
It is part of a series that aims to
enable better metrics for the complex
socio-enviro-economic system that
we all live in. Metrics are powerful,
but they must be the right metrics.
TRUE VALUE ACCOUNTING

3. CAVEAT
This slideset is at a very early stage
of development … it will eventually
comprise a set of several hundred
slides … 160402
TRUE VALUE ACCOUNTING

4. TRUE VALUE ACCOUNTING

5. As a result of Baltimore's multiple social,
economic, and educational problems, the
city's population has declined from
939,000 in 1960 to just 622,000 today*. In
silent, gloomy testament to this
prolonged exodus, some 47,000
abandoned houses and 16,000 vacant
buildings now stand like pulled teeth in
Baltimore's urban landscape.
TRUE VALUE ACCOUNTING
* 2014

6. The violent crime rate in Baltimore is
currently 3.7 times higher than the
national average. This figure includes
astronomical rates of murder (6.6 times
the national average), rape (twice the
national average), robbery (4.8 times the
national average), and assault (3.2 times
the national average).
TRUE VALUE ACCOUNTING

7. The Baltimore City Public Schools (BCPS)
spend $15,483 in taxpayer funds on
average, for each K-12 student in their
jurisdiction. This is almost 50% higher
than the national average, but students
perform near the bottom on the National
Assessment of Educational Progress
(NAEP), a standardized test that
measures the academic abilities of
children in elementary and junior high
school
TRUE VALUE ACCOUNTING

8. As Baltimore struggles with a dwindling
tax base, the City's charitable institutions,
and Hopkins in particular, generate an
ever greater portion of overall income --
and these institutions are exempt from
taxes.
TRUE VALUE ACCOUNTING

9. As Baltimore's stratospheric property
taxes, which are twice as high as those of
any other jurisdiction in Maryland or the
District of Columbia, help to fund the
colossal educational train wreck that is
the BCPS.
TRUE VALUE ACCOUNTING

10. By December 2012, the unfunded pension
liabilities that Baltimore owed to its
retired public-sector workers had reached
an unprecedented $765 million.
TRUE VALUE ACCOUNTING

11. TRUE VALUE ACCOUNTING

12. TRUE VALUE ACCOUNTING

13. The following appeared in a 2014 report
for the Paul G. Allen Family Foundation
about addressing poverty in the Pacific
Northwest of the USA.
TRUE VALUE ACCOUNTING

14. TRUE VALUE ACCOUNTING

15. These are some ideas that are being
promoted through the JOBENOMICS
initiative.
TRUE VALUE ACCOUNTING

16. TRUE VALUE ACCOUNTING

17. REMINDER
This slideset is A WORK-IN-PROGRESS. It will be
upgraded periodically. It is part of a series of more than
100 slidesets. Navigation to these is available here:
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3
More about the True Value Metrics initiative is at:
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=list0100-MainNav
FEEDBACK is welcome. Please email to Peter Burgess …
peterbnyc@gmail.com … with a catchy phrase in the
subject line so that it gets attention, and please identify
the specific slideset(s) or webpage involved.
TRUE VALUE ACCOUNTING

18. THANK YOU
Some links and contact information:
Email Peter Burgess … peterbnyc@gmail.com
Peter Burgess LinkedIn profile
https://www.linkedin.com/in/peterburgess1
Link to TrueValueMetrics.org website
http://www.truevaluemetrics.org/
Link to navigation to other resources:
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=list0100-MainNav#1
TRUE VALUE ACCOUNTING