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Upland Lurches Towards Bankruptcy Cliff

By   /   December 29, 2013  /   Comments Off

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Upland, Ca.,- One of the more affluent cities of San Bernardino is marching lock step towards bankruptcy. With an annual budget of $39 million, “such a filing seemed inevitable, given city management’s inability to rein in current personnel and future retirement costs, which account for nearly 80 percent of the city budget.”

With Budget Panel Failing To Reach Accord, Upland Lurches Toward Bankruptcy

(December 26)  Steadily and methodically, the city of Upland appears headed toward bankruptcy, as management in the City of Gracious Living and its newly commissioned panel of advisers appear unable to resolve differences among them with regard to less dramatic options to address the municipality’s budget crisis.
While Upland City Manager Stephen Dunn had hopes of persuading the city council to okay asking city residents to approve a sales tax to generate revenue, support for the taxing alternative is not even tepid among the members of the city’s recently-formed budget advisory task force. Going back for more than a decade, city residents have rejected every taxing proposal previous city councils in Upland placed before the voters.
Dunn appears to be unwilling or perhaps unable to make substantive cuts from this point forward with regard to staff and its accompanying payroll and benefit liability. And a host of other cost-cutting or revenue producing measures Dunn has proposed appear to be insufficient to move the city into the black.
In October, Dunn said his city was on the verge of bankruptcy and after having engaged in a series of fiscal gymnastics to balance the current 2013-14 budget, the city will require at least $3.5 million in additional revenue annually for the next five years to continue to provide city residents and businesses with the same level of service the city is currently providing.
As of October, Dunn said, the city’s general fund is hard-stretched to cover Upland’s bare operating expenses. Funding for street repairs, equipment and vehicle maintenance, post-employment benefits, equipment replacement, economic development and solutions to the city’s growing homeless problem has been entirely depleted.  For the rest of this story>LINK


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