Comment on San Bernardino declares fiscal emergency ahead of bankruptcy filing

San Bernardino declares fiscal emergency ahead of bankruptcy filing

San Bernardino leaders' decision means the city could avoid months of state-mandated mediation as it seeks bankruptcy protection.The San Bernardino City Council on Wednesday declared a fiscal emergency, an acknowledgment that the city is nearly broke and a legal maneuver that will allow leaders to file for bankruptcy protection without going through months of state-mandated mediation.

 

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