CHICAGO — A close look at Flint, Mich.’s long-standing fiscal problems provides a glimpse into the challenges facing many of America’s older industrial cities, according to a case study released last week by Michigan public finance scholars.

Falling revenues due to weak housing and employment markets coupled with declining populations and rising pension and health care obligations are among the many woes afflicting Flint and other aging cities, according to the report, “Long-Term Crisis and Systemic Failure: Taking the Fiscal Stress of America’s Older Cities Seriously,” written by Michigan State University professors Eric Scorsone and Nicolette Bateson.

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