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Simi Valley ENDS a History of Balanced Budgets—Deficit Budget is Called “Sustainable”
Saturday, June 11, 2016 14:55
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It’s Your Backyard Ventura County . . By Stephen Frank Like other cities, my hometown of Simi Valley is facing the reality of the collapse of the pension system. Not only did they approve a general fund budget with a $500,000 deficit—to be financed by taking money from a redevelopment agency that died years ago—and the city refused to return […]
Source: http://citizensjournal.us/simi-valley-ends-a-history-of-balanced-budgets-deficit-budget-is-called-sustainable/
