Vallejo bankruptcy (2008)

GPTKB entity

Statements (21)
Predicate Object
gptkbp:instanceOf economic crisis
municipal bankruptcy
gptkbp:affects Vallejo city employees
Vallejo residents
gptkbp:cause budget deficit
declining tax revenues
rising pension costs
gptkbp:country gptkb:United_States
gptkbp:endDate 2011-08-03
gptkbp:filedUnder Chapter 9 bankruptcy
https://www.w3.org/2000/01/rdf-schema#label Vallejo bankruptcy (2008)
gptkbp:location gptkb:Vallejo,_California
gptkbp:mediaCoverage gptkb:Los_Angeles_Times
gptkb:The_New_York_Times
gptkbp:notableFor first California city to file for bankruptcy since 1994
gptkbp:result reduction in city services
renegotiation of labor contracts
restructuring of city finances
gptkbp:startDate 2008-05-23
gptkbp:bfsParent gptkb:City_of_Vallejo
gptkbp:bfsLayer 7