Throughout the state, local governments are slashing services to avoid bankruptcy. For some, it's too late.Facing the same financial stressors that pushed San Bernardino toward bankruptcy, cities across California are slashing day-to-day services and taking other drastic actions to skirt a similar fiscal collapse.
Rising Costs Push California Cities To Fiscal Brink
By Phil Willon, Catherine Saillant and Abby Sewell, Los Angeles Times, Los Angeles Times
Thu, 07/12/2012 - 12:00am
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For the 2025-2026 fiscal year, the Legislative Analyst’s Office said the state faces a $2 billion shortfall — assuming the Trump administration does not withhold any federal funding in response to ...
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Home insurance is now a major expense in some areas of California. And with wildfires and other climate risks on the rise, insurers like State Farm and Allstate have made the decision to not ...
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