No more charter government: This means that San Bernardino’s unique form of city government which places substantial power in the hands of elected executive positions would come to an end.
No more local police department: It is likely that more economical options to the current local police department would be explored. Bankruptcy is the means by which most union and benefit contracts are broken. The SB County Sheriff contracts with many cities providing police services. This is an option that will likely be explored.
No more local fire department: Options ranging from contracting with other entities to utilization of state services will likely be explored.
Outstanding money owed to creditors will likely be paid pennies on the dollar.
Bondholders will be asked to discount their holdings substantially.
Local development of all kinds will be affected. Services such as planning, building and safety and engineering will be limited.
Judges, attorneys, and accountants from outside of the local area will be overseeing San Bernardino.
Millions in attorney fees will be paid.
The bankruptcy process will form an entire additional layer of bureaucracy and protocol hampering local development and initiative.
Mergers with other entities will be proposed. County or other municipalities may be proposed as “white knights” to rescue San Bernardino.
Here is my question: Isn’t there enough local leadership and executive talent to turn San Bernardino’s situation around? The State of California put San Bernardino and every other city in this state in this predicament. Isn’t anyone going to ask the State to solve the problem they have created? Isn’t it about time that the people of San Bernardino be given a voice?