Free Republic 2nd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $86,403
Woo hoo!! And now less than $1.6k to go!! We can do this. Thank you all very much! God bless.

Keyword: citybankruptcy

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  • 16 Cities Likely to Declare Bankruptcy

    03/07/2012 10:00:02 AM PST · by doug from upland · 23 replies
    16 Cities Likely to Declare Bankruptcy Posted @ 1/12/2011 5:30 AM By Money Tree Posted in [Budget & Spending] | 2 Comments Will 2011 be the year of municipal default? Here is a list of 16 cities likely to face bankruptcy, as reported by Business Insider. San Diego, Ca. Deficit through June 2012 : $73 million Budget in FY2011: $2.85 billion Annualized gap: 1.7% The city's official have tried curbing the deficit by increasing sales taxes, but residents of the city strongly oppose this and have voted it down. San Diego already cut over $200 million over the past two...