Municipal Bankruptcies Since 1988 July 23, 2013 Joseph Bishop-Henchman Joseph Bishop-Henchman March 1988 City of Copperhill, Tennessee April 1991 City of Lipscomb, Alabama June 1991 City of Bridgeport, Connecticut October 1991 City of North Bonneville, Washington December 1992 Town of North Courtland, Alabama June 1994 City of Kinloch, Missouri December 1994 County of Orange, California June 1995 Town of Ozan, Arkansas September 1996 Greene County, Alabama April 1997 Town of Winstonville, Mississippi September 1998 City of Macks Creek, Missouri July 1999 City of Camden, New Jersey October 1999 City Of Prichard, Alabama April 2000 City of Westminster, Texas September 2000 Town of Tyrone, Oklahoma November 2000 City of Macks Creek, Missouri June 2001 City of Kendleton, Texas November 2001 Village of Hillsdale, Missouri December 2001 City Of Desert Hot Springs, California June 2002 City of Rio Bravo, Texas November 2002 City of Reeds Spring, Missouri October 2003 Village of Brooklyn, Illinois October 2003 City of Iron Mountain Lake, Missouri April 2004 City of Westminster, Texas May 2004 Village of Washington Park, Illinois December 2004 Town of Millport, Alabama January 2005 Village of Alorton, Illinois April 2005 Town of Muldrow, Oklahoma August 2005 City of Camp Wood, Texas January 2006 Town of Marshall Creek, Texas December 2006 Town of Moffett, Oklahoma February 2007 Town of Marion, Mississippi April 2008 City of Gould, Arkansas May 2008 City of Vallejo, California April 2009 Westfall Township, Pennsylvania July 2009 Village of Washington Park, Illinois October 2009 Town of Moffett, Oklahoma October 2009 City of Prichard, Alabama March 2011 Boise County, Idaho August 2011 City of Central Falls, Rhode Island October 2011 City of Harrisburg, Pennsylvania November 2011 County of Jefferson, Alabama June 2012 City of Stockton, California June 2012 City of Mammoth Lakes, California August 2012 City of San Bernardino, California July 2013 City of Detroit, Michigan Before Detroit's bankruptcy, we were frequently asked – why no Michigan cities? Michigan since 1988 has a law empowering the Governor to appoint an Emergency Manager to restructure the finances and operations of cities nearing bankruptcy. Consequently, Michigan cities rarely enter federal bankruptcy protection, instead using the state procedure to restructure. Stay informed on the tax policies impacting you. Subscribe to get insights from our trusted experts delivered straight to your inbox. Subscribe Share Tweet Share Email Topics Tags State Tax and Spending Policy
