Article

2012-08-02 Economy

San Bernardino Files Emergency Bankruptcy Petition

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Fred 2012-08-02 10:44|| E-Mail|| Front Page|| [187 views ] Top

#1 ~~San Bernardino's bankruptcy filing won't affect essential service to the community,~~

Unsustainable spending will be, uh, sustained...

Posted by M. Murcek 2012-08-02 10:47|| 2012-08-02 10:47|| Front Page Top

#2 Their planned general expenditure budget for 2012-13, with the bankruptcy, is $166.2 million (per their website).

Their general expenditure budget for 2011-12 (also per their website) was $128.1 million.

So they are spending $38 million more in the year they're going bankrupt. I think I see the problem...

Posted by Steve White 2012-08-02 11:14|| 2012-08-02 11:14|| Front Page Top

#3 There is also the issue of several litigation cases filed against the police department.

Posted by Pappy 2012-08-02 15:23|| 2012-08-02 15:23|| Front Page Top

23:45 USN, ret.
23:42 USN, ret.
23:27 Thing From Snowy Mountain
23:16 Pappy
23:00 Thing From Snowy Mountain
22:59 Thing From Snowy Mountain
22:56 Thing From Snowy Mountain
22:50 Thing From Snowy Mountain
22:17 phil_b
22:02 Tarzan Spairt4671
22:00 Tarzan Spairt4671
21:44 Tarzan Spairt4671
21:35 Tarzan Spairt4671
21:29 Frank G
21:15 Goober Black6512
21:07 Raider
20:53 151
20:43 9025
20:14 5980
20:03 DepotGuy
19:42 Iblis
19:38 Thraviling Hatfield2316
19:35 ng3523
18:20 DarthVader

Rantburg was assembled from recycled algorithms in the United States of America. No trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.

184.72.91.94