But your last point was one of them.....
I will forfeit my "sick" days...when I leave. It sucks, but that is how it is. I and others like me...ought to be rewarded for not taking sick days. But, that's the way in many companies these days.
Companies have to report the liability of sick days and the like that have to be paid, and it must be disclosed and factored into their bottom line (effecting stock prices); they rid themselves of that.
Government entities, on the other hand, don’t have share prices (Imagine if they did? It should be calculated and publicized). To the government there will always be funding through tax levies, and that is precisely why some of them are folding; in NJ we just lost a House seat, I believe NY lost at least one, and I’m unsure of how many California lost. The bond rating is one of the best things somebody contemplating a move can use to determine whether or not they’ll be set upon once they’ve committed (I’d use voter registration and demographic info as well, but we’re not supposed to admit that); I’d even apply that logic to the US bond rating being cut recently.