Syracuse New York Headed For Bankruptcy, 100% Certain

Syracuse New York Headed For Bankruptcy, 100% Certain

August 15, 2012 0 By News Desk
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Please consider this news headline which I openly mock: Expert says bankruptcy for Syracuse is unlikely, but mayor should explore option While the financial situation in the city of Syracuse hasn’t been described as desperate yet, Mayor Stephanie Miner has asked for some legal expertise on municipal bankruptcy. The signs of the city’s financial problems have been evident for several years as city employees accept wage freezes and fire and police departments see staff reductions. The city will use an early payment from Albany to help keep the budget from dipping into dwindling reserves.

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Syracuse New York Headed For Bankruptcy, 100% Certain