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City Manager Andrea Travis-Miller

(CBS)

Bankrupt City Of San Bernardino Votes To Borrow To Make Payroll

San Bernardino city officials have voted to borrow from restricted funds to be able to continue paying the salaries of city employees as the bankrupt city continues its severe financial struggles.

08/29/2012

(credit: CBS)

San Bernardino Files For Chapter 9 Bankruptcy

San Bernardino officials say they’ve filed an emergency petition for Chapter 9 bankruptcy in response to the $45.8 million budget shortfall the city faces this year, making official a move the City Council approved last month.

CBS2 / KCAL9–08/01/2012