Friday, Nov. 20, 2009 | A private task force of prominent local business leaders formed by San Diego Mayor Jerry Sanders is recommending the city file for bankruptcy unless it undergoes a series of urgent and drastic fiscal reforms, according to a draft of the group’s report.
The draft, obtained by voiceofsandiego.org, lays out 11 recommendations that include slashing employee expenditures, reducing and outsourcing city services and gaining voter approval for dramatic staff reductions. The task force also advocates tax increases after expenses are cut. Should the city fail to implement all these solutions, it should consider municipal bankruptcy, the document states.
“The City must change the way it does business,” the draft says. “Stop the half truths, unfunded mandates and budgetary gimmicks. We can no longer promise what we cannot afford. The task force herein recommends several near term solutions but we must stay focused on the bigger problem; the practice of making promises that we do not properly fund or pay for — or history will likely repeat itself.”
This article relates to: Government