A blog about Business & Finance and Politics.
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Porterville School District smarter than our local "leaders" Boycott the Bakersfield Business Conference! San Joaquin Bank is done! San Joaquin Bank Chairman selling his Coastal Mansion Crisp and Cole staffer going to the pokey... Jose Arredondo closing the Delano Chrysler store Reich-Wing Czar stupidity called out! Racist CONservatives looking for great White Hope (McCarthy?) Has Bakersfield.com and other local websites becoming irrelevant?The tv stations are even worse. Tea bag movement shrivels... November 06 December 06 January 07 February 07 March 07 April 07 May 07 June 07 July 07 August 07 September 07 October 07 November 07 December 07 January 08 February 08 March 08 April 08 May 08 June 08 July 08 August 08 September 08 October 08 November 08 December 08 January 09 February 09 March 09 April 09 May 09 June 09 July 09 August 09 September 09 October 09 November 09 
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City budget $12 million in the hole - keep dreaming!
http://www.bakersfield.com/... The Californian reported that the city will have a $12 million dollar deficit. Keep dreaming! The budget is still too optomistic. Sales tax revenues will be far below the cities projections! How did we get into this soon to be $14 million dollar hole? Wasteful spending! I have noted several items here we could cut out to no avail. I hope the city and county leaders are prepared for this coming mess - when the State starts taking a little extra.
3 comments from 2 users
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posted by
robbwillis
on Jan 15, 2008 at 10:38 AM
The country's leaders don't care about running up the national debt. Happily gridlocked Sacramento is sending the state deeper in the hole, paying double to cover past bond issues, with more being proposed. With those peers as role models, why should city officials be different? posted by
SoCaMuscle
on Jan 16, 2008 at 02:21 PM
I heard 3rd party audits of the City financial situation found quite the opposite. I heard there are numerous misc. funds/accounts that are full of cash. Where did all of the fees from development over the past number of years go? I know they haven't been spent of any transporatation or infrastructure issues. posted by
SoCaMuscle
on Jan 17, 2008 at 07:51 PM
*crickets*
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