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You are here: Home / Archives for interim city manager

interim city manager

Bonds and Bankruptcy in Northern Arizona

November 4, 2011 By Constance DeVereaux

 Who knew cities could go bankrupt? These days, we understand the possibility too well. Like corporations and people, cities can find themselves in court renegotiating debt. In the past year, cities in states from California to Rhode Island have either filed for bankruptcy or are considering it. Like the United States government, the debt dilemma concerns raising revenues (usually taxes) or reducing expenditures (usually on city services). How do cities spell relief? Are cities in Northern … [Read more...] about Bonds and Bankruptcy in Northern Arizona

Filed Under: Local News, Winslow Tagged With: bankruptcy relief, budget, debt, interim city manager, jim ferguson, joe duffy, manager, percent, property tax levy, Williams

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