Local Government Bankruptcy
Description
You are a municipal budget analyst. Using your favorite search engine, locate the budget of a municipality that has completed a petition to file bankruptcy. Some examples include Detroit, Michigan; Stockton, California; Central Falls, Rhode Island; San Bernardino, California; Prichard, Alabama; and Vallejo, California.
Develop your case study findings and recommendations consisting of no less than two pages in which you discuss the prompts listed below.
-Briefly describe the municipality’s demographics.
-Evaluate the previous three-year trend of the municipality’s major revenue sources and expenditures.
-Analyze the impact of the issues contributing to the municipality’s budget deficiencies.
-Propose three alternative financing options.
Adhere to APA Style when constructing this assignment, including in-text citations and references for all sources that are used. Please note that no abstract is needed.
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