Archive for July 16th, 2012

Monday, July, 16, 2012 – 01:30 p.m.

InlandPolitics would like to thank Michael Fitzgerald, Metro Columnist for the San Joaquin Record newspaper and eSan Joaquin.net, for linking our post related to San Bernardino’s financial collapse in his column Monday.

L.A. NOW
Southern California — this just in
July 16, 2012 | 7:50 am

Officials in San Bernardino, which announced last week that it intended to file for bankruptcy, had known for years that the city’s finances were becoming critical.

Two years ago, the City Council learned that San Bernardino’s $22-million budget shortfall would jump to $38 million by 2012, sending the city into financial ruin.

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Joe Nelson, Staff Writer
Posted: 07/15/2012 11:36:20 AM PDT

SAN BERNARDINO – A regional economist and city business owners pondered the potential impacts the city’s looming bankruptcy filing will have on the already distressed business climate and economy.

City officials announced Tuesday they would be filing for Chapter 9 bankruptcy protection after they were presented with a dismal financial report.

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Jim Steinberg,Staff Writer
Posted: 07/15/2012 11:43:57 AM PDT

View: Impact of state budget RDA cut

SAN BERNARDINO – The demise of California’s redevelopment agencies this year was one of multiple factors in the city’s inescapable decision to seek federal bankruptcy protection, a top city official said Friday.

When redevelopment agencies evaporated on Jan. 1, San Bernardino found itself with needing to pay nearly $5million from its general fund to meet obligations that previously had been covered by RDA funds, said Jim Morris, son and chief of staff for Mayor Pat Morris.

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DailyBulletin: Political nomination period begins

Week ahead

Neil Nisperos, Staff Writer
Created: 07/15/2012 11:43:51 AM PDT

Today marks the start of the four-week nomination period for those interested in running for local city councils, school boards and a variety of water districts in November.

The last day to submit completed nomination papers is Aug. 10, though any race in which an incumbent does not run will be extended to Aug. 15.

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July 15, 2012 1:00 PM
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Tomoya Shimura, Staff Writer

Prime Healthcare Services, which owns Desert Valley Hospital, has recently bought four distressed out-of-state hospitals after the California Attorney General denied its deal to purchase Victor Valley Community Hospital.

The medical group bought:

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Governor Jerry Brown prepares to sign copies of the California Homeowner Bill of Rights on July 11 in San Francisco. (Justin Sullivan / Getty Images / July 15, 2012)

 

CAPITOL JOURNAL

By George Skelton Capitol Journal
July 15, 2012, 9:13 p.m.

SACRAMENTO — This wasn’t the deal. Californians thought they were only allowing the Legislature to pass a budget on a majority vote. They wanted to unclog the capitol.

They didn’t intend it as a license for Gov. Jerry Brown to rig the election ballot to benefit his tax-increase proposal.

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