Widespread layoffs or pay reductions for city workers are expected. The city is preparing to file for bankruptcy protection.
By Phil Willon, Los Angeles Times
July 25, 2012, 7:50 p.m.
San Bernardino must cut government spending by a third, almost assuredly resulting in widespread layoffs or pay reductions for city workers, as it prepares to officially file for bankruptcy protection, city officials said.
Interim City Manager Andrea Travis-Miller told the City Council that it must cut $45.8 million from the $166-million budget to ensure the city remains solvent throughout the current fiscal year, which runs through next June. Crafting the austerity plan will be required as part of the Chapter 9 municipal bankruptcy process.