I REPORT YOU DECIDE-by Barry Levinson
California Policy Center working with Civic Partner, a firm that collects and analyzes municipal finance data, has ranked over 490 California cities and counties with respect to their bankruptcy risk.
That report contains the complete list. To compile the ranking, they collected and analyzed audited financial statements published by most cities and counties in California. Local governments typically produce audited financial statements if they issue municipal bonds or if they receive more than $500,000 in federal grants annually.
Cities and counties with default probability scores much higher than 0.1% have substantially elevated risk. Where does the City of Fullerton rank among the 492 cities and counties listed in this comprehensive study?
FULLERTON RANKS FIRST!
Winner winner chicken dinner.
It ranks first (i.e. highest probability of Default/Bankruptcy) among all cities in Orange County with a risk factor of .27%.
So the next time a city official tells you that Fullerton is in good financial shape, please remember this study.
http://californiapolicycenter.org/californias-most-financi…/
Pack it tight Mr Internal affairs and just maybe the south Fullerton soccer leagues can be soaked.
Barry Levinson
#1 by Anonymous on November 10, 2014 - 10:44 pm
Are there any rankings of cities with the most bullies holding seats on city commissions?
#2 by I guess you are a bully on November 11, 2014 - 11:53 am
Slander, libel is what was used against Mr. Levinson. Actions such as these can be prosecuted. The bullying being done is by posters such as yourself, members of the city council and elements within the city.
#3 by Bozo Esq. on November 11, 2014 - 12:30 pm
I watched the two city video feeds simultaneously side by side and have one simple question: How did Ms. Loya see what was happening inside the south corridor if she was inside the north corridor?
#4 by Anonymous on November 11, 2014 - 3:18 pm
Hmm.
#5 by angie B on November 11, 2014 - 3:31 pm
You can’t have it both ways, can you?
I don’t think Ms. Loya and Truth are friends.