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Home / California Counties Brace for Missed Payments from StateCalifornia Counties Brace for Missed Payments from State
Last Updated on Tuesday, 10 February 2009 11:35 Written by rslcpol Tuesday, 10 February 2009 11:35
From SF Gate:
The move will be a devastating blow to the counties, which must serve more and more people looking for government help as the economy craters and jobs disappear, said Paul McIntosh, executive director of the California Association of Counties.
With local governments every bit as battered as the state, little cash is available to cover the deficit.
“It’s a huge concern,” McIntosh said. “There are counties that only have a couple weeks of cash on hand and could have trouble meeting payroll.”
This entry was posted on Tuesday, February 10th, 2009 at 11:35 am and is filed under State Legislature News.
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