Tag "Vallejo"

Back to homepage

Vallejo’s struggles capture CA city perils

After three years spent in bankruptcy, 2008-11, running the city of Vallejo is still a struggle. Facing a weakened police force and a failed experiment in citizen-driven budgeting, Vallejo’s structural challenges have persisted. In the wake of the pension crisis that helped

Read More

PRI report examines bankruptcy as tool for struggling cities

The Pacific Research Institute has released a report that couldn't be more timely. “Going Broke One City at a Time: Municipal Bankruptcies in America” by economist Wayne H. Winegarden. buy a paper One of Winegarden's key conclusions: “If used appropriately, bankruptcy

Read More

More CA cities should declare bankruptcy 9

March 8, 2013 By John Seiler Last year, three California cities declared bankruptcy: Stockton, San Bernardino and Mammoth Lakes. Atwater nearly did. Mammoth Lakes lost a lawsuit. But for the other cities — as well as for the Vallejo bankruptcy

Read More

CA suffers 3 of 8 “most miserable” cities 5

Feb. 23, 2013 By John Seiler In Forbes’ new ranking, three of the eight “most miserable” cities in the United States are in California: Modesto (No. 5 worst), Vallejo (No. 6) and Stockton (No. 8). Cities were graded on such

Read More

Bankruptcy Series: What are the alternatives to bankruptcy? 27

Editor’s Note: This is the Ninth in a CalWatchDog.com Special Series of in-depth articles on municipal bankruptcy. Nov. 12, 2012 By Tori Richards It was 1975 and New York City was running out of cash. Its excessive spending and lack of financial

Read More

Bankruptcy Series: Cities on a future spending spree 23

Editor’s Note: This is the eighth in a CalWatchDog.com Special Series of in-depth articles on municipal bankruptcy. Nov. 9, 2012 By Wayne Lusvardi Are the staggering forecasted public pension obligations facing state and local governments in California the result of overspending or

Read More

Special Series: The pros and cons of municipal bankruptcy 18

Editor’s Note: This is the sixth in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. April 12, 2012 By Tori Richards What’s better for a cash-strapped municipality: filing for bankruptcy or struggling to survive without any clear

Read More

Special Series: Local Governments Face Bankruptcy Quandary 82

Editor’s Note: This is the third in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. MARCH 16, 2012 By JOHN SEILER Bankruptcy is the boogeyman haunting governments across America. It’s not a question of if more cities

Read More

Special Series: Broke Municipalities Look to Bankruptcy Option 72

Editor’s Note: This is the second in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. MARCH 9, 2012 By STEVEN GREENHUT Economist Allan Meltzer once quipped that “Capitalism without failure is like religion without sin. It doesn’t

Read More

Vallejo Is Dying 0

John Seiler: Newsweek listed the Top 10 cities in America that are dying. No. 1 is New Orleans, in the wake of Hurricane Katrina. No. 2 is Vallejo, which has suffered more than any other city from the Schwarzenegger Decade

Read More