Something should be said about Vallejo's impending bankruptcy but I'll be damned if I know what it is.
The general fund will run out of money by the end of March. That's like a month away.
It seems a little stunning that there wasn't any type of a back-up plan, savings, something?
A deal that was nearly reached fell apart Monday night. But maybe they'll make another one. Maybe? No, probably not.
The real question now: what happens when a city declares bankruptcy?
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