Looking to get out from under one of the primary factors for financial distress - pension obligations - city leaders across the United States are viewing bankruptcy as "a valuable tool in a city’s financial toolbox," reports Liz Farmer.
Mar 7, 2013 Governing
A new study out today ranks America's cities by their racial diversity. In general, the study found that "the country has become much more diverse at the metropolitan level," reports Conor Dougherty.
Sep 7, 2012 The Wall Street Journal
Since declaring bankruptcy in 2008, the climb out of the budgetary depths hasn't been an easy one for the city of Vallejo, California. But, as it springs back to life, could Vallejo become a model for how to run a city in an age of austerity?
May 24, 2012 The Washington Post
Small towns like Mesa, WA and larger ones like Vallejo, CA may be forced to dissolve in light of their worsening finances. Local counties will need to absorb residents.
May 28, 2009 The Wall St. Journal
<p>The northern California city of Vallejo has declared bankruptcy, becoming one of few cities and the largest in the state to do so. Other struggling cities are watching closely to see if the strategy helps to save the city.</p>
May 13, 2008 The San Francisco Chronicle