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05-07-2008, 01:21 PM #1
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Vallejo to Become Largest Calif. City to File for Bankruptcy
Vallejo to Become Largest Calif. City to File for Bankruptcy
Wednesday, May 7, 2008 2:59 AM
VALLEJO, Calif. -- Vallejo is set to become the largest California city to declare bankruptcy after leaders voted in favor of it to solve the San Francisco Bay Area suburb's spiraling budget crisis.
The city council voted unanimously Tuesday night following hours of public comment.
City Manager Joseph Tanner had advised filing for bankruptcy before the city's fiscal year ends on June 30 because Vallejo faces a projected budget deficit of $16 million and has no money in its reserves.
Many officials and residents attribute Vallejo's fiscal troubles to overly generous pay and benefits to the city's police and firefighters.
The decision came after two years of negotiations with the police and firefighter unions failed.
http://www.newsmax.com/us/california_ci ... 94024.htmlJoin our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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05-07-2008, 02:13 PM #2
Is Vallejo a sanctuary city?
It's time for California to recognize the real root of their money problems--illegal aliens. One cannot a expect a cure when one treats symptoms and not the underlying disease.
Can any city, engaged in the illegal activity of aiding, abetting and harboring illegal aliens legally seek refuge in bankrupcy?"Distrust and caution are the parents of security."
Benjamin Franklin
Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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