The San Bernardino City Council approves the suspension of debt payments and freezing of filling...

|By:, SA News Editor

The San Bernardino City Council approves the suspension of debt payments and freezing of filling vacancies - saving $5.4M in July alone. It's money the city will need to get through to filing for bankruptcy. The moves are just a start as the city needs to cut 30% of the budget to survive without debt financing.