Wednesday, November 21, 2012 – 09:00 a.m.
The elected leaders if San Bernardino, California still just don’t seem to get it!
The city is broke.
The latest attempt at designing a pendency plan, otherwise known as a basic operating budget, has been riddled with political gamesmanship.
Yes, the bankruptcy of San Bernardino remains a political football. Is anyone surprised?
While the city rests on the door to insolvency, it risks a dismissal of its chapter 9 bankruptcy petition.
U.S. Bankruptcy Judge Meredith Jury, who has been patient with the city, has set November 30 as the deadline.
The city’s current road map out of the cellar is a fantasy land of accounting gimmicks riddled with one keyword. That keyword being “deferral”.
Somehow proposing a budget that defers payments on pension and other obligations is a sign the city is prepared to deal with its dysfunctional finances.
Defer is code for we can’t pay.
If city leaders can’t pay now, what makes them believe they can pay later?
Mayor Pat Morris has said he will not seek reelection and two sitting councilmembers, Wendy McCammack and Chas Kelley, feel they can take his place.
To get a clear picture of where the city is headed, just drive around and look at the unfilled potholes and broken street lights. It’s a heartbreaking tragedy to say the least.