Desert Hot Springs Debates Police Versus Bankruptcy Path
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A California city still burdened by debt payments from its 2001 bankruptcy is struggling to avoid defaulting on those bonds or going insolvent for a second time in 13 years.
A decade after Desert Hot Springs emerged from court protection, it’s again on the brink of fiscal collapse. Officials last night discussed dissolving the 27-employee police department and handing the service over to the surrounding county, the Desert Sun reported. The community of 28,000 in an arid valley east of Los Angeles is at risk of becoming the sixth U.S. city in the past 25 years to go bankrupt twice.