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Fiscal Emergency

(CBS)

Another California City On Verge Of Bankruptcy

A fiscal emergency has been declared in the small Central California city of Atwater, a move that could lead to the state’s fourth municipal bankruptcy this year.

10/04/2012

Downtown San Jose

Fiscal Emergency Declaration Looms For San Jose

The city of San Jose is getting closer to declaring a fiscal emergency due to rising pension costs. This has the city preparing to put a pension reform measure on next year’s ballot.

11/23/2011

San Jose City Hall

Protesters Camp Out At San Jose City Hall Over Fiscal State Of Emergency

The protestors pitched their tents and sleeping bags on the ramp leading up to the City Hall rotunda and slept there, though one woman acknowledged she got just two hours of sleep, and ‘fessed up to being cold, too.

CONNECT WITH KCBS–06/24/2011

San Jose Mayor Chuck Reed (CBS)

San Jose Officials Delay Ballot Measure To Work On Pension Reform

In approving the mayor’s budget plan, San Jose city officials have put off the possibility of declaring a fiscal emergency so that they can further work with unions on pension reform.

CONNECT WITH KCBS–06/21/2011

San Jose City Hall

Unions Demand San Jose Officials Negotiate Pension Reform

Union brass said they were simply trying to secure an opportunity to talk to city officials about pension negotiations before the City Council declared a fiscal emergency and adopted a pension reform ballot measure – something that could happen later in the month.

CONNECT WITH KCBS–06/06/2011

San Jose City Hall

Former San Jose Councilwoman Questions Legality Of Pension Reform Plan

The legality of the city of San Jose’s pension reform plan is coming into question from several parties.

CONNECT WITH KCBS–05/26/2011

San Jose Mayor Chuck Reed (Justin Sullivan/Getty Images)

San Jose Mayor Delays Call For Fiscal Emergency

San Jose Mayor Chuck Reed has delayed a vote on his call for a fiscal emergency in the city.

CONNECT WITH KCBS–05/24/2011

(Adam Jan/AFP/Getty Images)

Richmond Seeks Half-Cent Sales Tax For Fiscal State Of Emergency

The Richmond City Council declared a state of fiscal emergency Tuesday, and approved language for a half-cent sales tax measure to go before voters.

CONNECT WITH KCBS–03/09/2011

Caltrain (Lucius Kwok)

Transit Agency Looks To Help Caltrain’s Fiscal Woes

Caltrain is facing a $30 million deficit, which may force the agency to cut service nearly in half.

CONNECT WITH KCBS–02/08/2011

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