Municipal Bankruptcy Woes

The cities of Vallejo, California, and McCall, Idaho, are considering filing for bankruptcy.

1 minute read

February 26, 2008, 12:00 PM PST

"A labor agreement with the city's public-safety unions aimed at keeping Vallejo's general fund from going broke fell apart, prompting top administrators to recommend the city file for bankruptcy protection. Chapter 9 bankruptcy would allow the city temporary protection from creditors while officials devise a plan, subject to court approval, to regain fiscal stability."

In Idaho: "McCall City Council authorized its city manager to file a petition for bankruptcy at a city council meeting Monday night. However, Ron Blewett, an attorney for the plaintiff, agreed to negotiate some of the charges with the city council."

Thanks to Jon Cecil, AICP

FULL STORY: Vallejo moves closer to bankruptcy

Tuesday, February 26, 2008 in Governing

Community / Economic Development Government / Politics Urban Development United States California Idaho View More

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Start Learning

Advertise with us

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.