Lessons to Be Learned From Vallejo’s Bankruptcy
Some have openly wondered why the sudden focus on the salaries of public employees in both Davis as well as in the county. In truth, it is a combination of factors that stem from the alarm of what happened in Vallejo to the burning question: can it happen here. Over the course of the summer, we have looked at this question from a variety of different angles. Perhaps most concerning was the seeming lack of concern from two of the victors in last spring’s Davis City Council election about the looming and impending problem of Davis’ fiscal stability.