Lawrence linked to an amusing list from USA Today of ten California cities most likely to file for bankruptcy.
The list includes such banana republican favorites as the notoriously corrupt city of Vernon, Compton, and Mammoth Lakes (which, as previously noted, already filed for bankruptcy, but USA Today reports they withdrew that petition).
Not on the list, but should be: Bell. You may recall that one of Bell’s many issues was the collection of illegal taxes from residents. The city has to refund the illegally collected tax dollars to residents…
Bell currently has a negative cash balance, caused in part by the city’s move to stop collecting the illegal taxes, the state controller’s office found. Bell promised to refund more than $3 million in overpaid taxes to residents and busineses, but auditors found that the city has not done so.
And by the way:
Auditors also faulted the city for not following more than 20 recommendations the controller’s office made after the corruption scandal.
This entry was posted on Wednesday, May 22nd, 2013 at 12:46 pm and is filed under California Über Alles, Clippings, Law. You can follow any responses to this entry through the RSS 2.0 feed.
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