I have an easy solution...
Don't allow cities to run a deficit more than 10% of their income and limit Bond value to 150% of annual revenues.
What should happen when a city government runs out of fund?
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pkoko
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David
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Re: What should happen when a city government runs out of fu
The below screenshots show how the game handles city bankruptcy in the latest version of the game.
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- city bailout.jpg (313.59 KiB) Viewed 530 times
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- city bankruptcy.jpg (304.93 KiB) Viewed 530 times
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Spac3y
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Re: What should happen when a city government runs out of fu
Given most citys will have commercial / apartment space , it would make sense if some of this would have to be sold like they do in real life.
IF you think public services are now selling of buildings / land not used, thats perhaps a though to what could happen if a city cannot raise any more bonds.
Also public spending should be forced to be slashed to a certain level in order to get the city back into a surplus.
IF you think public services are now selling of buildings / land not used, thats perhaps a though to what could happen if a city cannot raise any more bonds.
Also public spending should be forced to be slashed to a certain level in order to get the city back into a surplus.