Your Town Filing Bankruptcy?

Yes, incorporated cities/towns can go bankrupt. There's even a special kind of filing for these entities. One such current town is Fairfield in Jefferson County. Two options for Fairfield are simply to dissolve or to merge with another town. Good luck with the latter.

Any towns in the Shoals looking at humongous debt with no hope of project completion? How y'all doin', Sheffield?

Very serious question: If major retail establishments are putting on the brakes concerning expansion, why does Sheffield want to continue with Inspiration Landing? Oh, okay. No one thinks the town is actually going anywhere with that anyway. Good point!