Vallejo, CA To Be The First California City To File For Bankruptcy EVAR

Anyone who lives in Northern California knows that there were only, in history, two good things about Vallejo: Marine World and N2Deep. They ruined Marine World years ago by turning it into a Six Flags and putting a bunch of ghey roller coasters everywhere, and, now that I think about it, N2Deep really wasn’t that cool (I mean “Back to the Hotel” is kind of the knock, but whatever). Long story short, Vallejo is basically a dump. Thus its not too shocking that Vallejo is boldly going where no other California city has gone: bankruptcy.

The city of Vallejo is on the brink of becoming the first California city ever to declare bankruptcy, City Council members said Tuesday. Vallejo may run out of cash as early as March, council member Stephanie Gomes said.

Gomes said the situation has been building for more than a decade. “This has been happening for quite a while. For 15 years the city council has been putting Band-Aids on the problem. (It has been) extending contracts and deferring payments for public safety to the next years as a way of balancing the current budget.”Public safety contracts for police and fire services make up 80 percent of the city’s general fund.”We’ve been spending more than we’ve been making for 20 years and it’s time to pay the piper,” Gomes said.

Like they say up, right up the I-80 in Vacaville: “Sorry ’bout cho luck!”