Fiscal problems have been particularly unkind to the City of Kindness, as Anaheim calls itself. According to a new report by California Auditor Elaine M. Howle, Anaheim just was added to the HIGH (worst) category for Overall Risk of Financial Distress. Just 12 of the 423 cities scored by Howle were ranked HIGH. Five were new to the list, the others being Lompoc, Modesto, Montebello and Torrance. These cities bucked the state’s overall fiscal improvement despite COVID-19 problems. “Although the state’s economic outlook is positive, 12 cities face significant fiscal challenges when we consider other factors like pension obligations,” she wrote. These problems existed before COVID-19 hit. Specifically for Anaheim, the problems include: General fund reserves are so low that residents “may experience reductions in key services the city provides, such as fire, police, road maintenance, and parks.” Anaheim “has only enough cash and investments to cover 80 percent of its …
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