You are a municipal budget analyst. Using your favorite search engine, locate the budget of a municipality that has completed a petition to file bankruptcy. Some examples include Detroit, Michigan; Stockton, California; Central Falls, Rhode Island; San Bernardino, California; Prichard, Alabama; and Vallejo, California.Develop your case study findings and recommendations consisting of no less than two pages in which you discuss the prompts listed below.
Briefly describe the municipalityâs demographics.
Evaluate the previous three-year trend of the municipalityâs major revenue sources and expenditures.
Analyze the impact of the issues contributing to the municipalityâs budget deficiencies.
Propose three alternative financing options.
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