Gold Bar, Wash., got its name from miners who spotted traces of gold on a gravel bar in 1889. But more than 120 years after a gold rush ignited a prospecting boom there, the city's money woes may wipe it off the map.
Residents will likely vote in November on whether to raise property taxes or become an unincorporated part of Snohomish County. If they reject both options, the city will file for bankruptcy, Mayor Joe Beavers said.
While a weak economy has driven down tax revenue and state aid,...Full Story