Monday, March 12, 2012

Stockton POA Challenges City to Prove Financial Problems

On March 9, 2012, ABC News 10 reported on the City of Stockton's failure to provide required financial documents to prove its alleged financial situation.  The Stockton Police Officers Association challenged the City of Stockton to prove its financial problems and stop withholding a mandatory Comprehensive Annual Financial Report or CAFR.  According to the report, city officials admit the report is months late, but have not provided it to labor groups ahead of the planned pre-bankruptcy mediation.  The report indicates the City is only willing to provide an unaudited version.  Mastagni Law attorney David E. Mastagni will represent the Stockton Police Officers Association in the pre-bankruptcy mediation.  See the full report here or below.