a-municipality-budget-that-is-about-to-file-for-bankruptcy

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You are a municipal budget analyst. Using your favorite search engine, locate the budget of a municipality that has completed a petition to file bankruptcy. Some examples include Detroit, Michigan; Stockton, California; Central Falls, Rhode Island; San Bernardino, California; Prichard, Alabama; and Vallejo, California.

Develop your case study findings and recommendations consisting of no less than 500 words in which you discuss the following:

  • Briefly describe the municipality’s demographics.
  • Evaluate the previous three-year trend of the municipality’s major revenue sources and expenditures.
  • Analyze the impact of the issues contributing to the municipality’s budget deficiencies.
  • Propose three alternative financing options.