TITLE

California Municipalities Fear Fiscal Results of Overdue Budget

AUTHOR(S)
Williams, Rochelle
PUB. DATE
June 2002
SOURCE
Bond Buyer;6/28/2002, Vol. 340 Issue 31418, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the failure of local lawmakers to meet the deadline for the submission of budget for the 2003 fiscal year in California. Demand for a strong tax-exempt municipal debt by investors; Observation of slow-going budget process by the cities and counties; Credit outlook of Moody's Investors Service Inc. for the California counties.
ACCESSION #
6977557

 

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