From the Los Angeles Times article, "Maywood to hire others to run the city:"
Maywood, a small working-class community south of downtown Los Angeles, plans to lay off all its employees, disband its Police Department and turn over its entire municipal operations to a neighbor — an action that appears to be without precedent among California cities.The City's population is stated as being about 45,000. As the article details, the financial difficulties appear to have very specific and noted roots that are unlike the recession-related crunches many other communities are experiencing.
...
Maywood's $10.1-million general fund budget has a deficit of at least $450,000, officials said. Beyond that, the city has been unable to obtain insurance because of a history of lawsuits, many involving its Police Department, which also patrols Cudahy. Operating without insurance would make even routine government services highly risky.
"We're limited on our choices and limited on what we can do," Councilman Felipe Aguirre said. "We don't want to file for bankruptcy. We don't want to disappear as a city."
Aguirre said filing for bankruptcy was not an option for Maywood because its problems were related specifically to insurance coverage and not cash flow.
Still, kind of the ultimate in regionalism? Not really, I don't think, but I'll repeat - wow.
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