Many people believe that all of Alabama is deep conservative Republican. This is of course not the case, they have a few scattered cities and counties that vote Democrats on the local, state and federal level. One of the more Democrat cities in Alabama is Fairfield, located in Jefferson County, which is one of the few counties that voted for Hillary Clinton in 2016. Now, they are broke, run into the ground by Democrats and filing for bankruptcy. Yet another Democrat city mismanaged can’t afford to pay their bills. Reminds me of Stockton, California, another left wing city that went bankrupt years ago during the Obama years.
Fairfield, Alabama – Democrat run city files for bankruptcy |
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The small city of Fairfield, Alabama, filed for Chapter 9 bankruptcy protection on Tuesday, a rare step by a municipality that comes as local budgets across the nation are upended by the coronavirus pandemic.
a man holding a stop light: A medical personnel wearing personal protective equipment (PPE) is silhouetted while administering a swab test at a drive-thru testing site in San Pablo, California, U.S., on Tuesday, April 28, 2020.© Bloomberg A medical personnel wearing personal protective equipment (PPE) is silhouetted while administering a swab test at a drive-thru testing site in San Pablo, California, U.S., on Tuesday, April 28, 2020.
The city’s filing in the U.S. Bankruptcy Court for the Northern District of Alabama listed assets and liabilities between $1 and $10 million. A resolution signed by Mayor Eddie J. Penny included with the bankruptcy filing noted that Fairfield had “exhausted its options” after years of working to shore up its finances.“The city has faced a substantial decline in revenues in recent years due to economic forces beyond its control,” the resolution says. It was unclear whether the shutdowns intended to mitigate the spread of the coronavirus in the U.S. worsened the city’s financial problems.