STATE: Bankruptcy cues - Press-Enterprise
08/27/12
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STATE: Bankruptcy cues
Press-Enterprise
Moody's Investors Service last week released a report examining California cities' bankruptcies. The study noted that sales and property taxes — mainstays of local revenue — tanked when the economy crashed, yet city expenses — mostly personnel costs ...
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Press-Enterprise
Moody's Investors Service last week released a report examining California cities' bankruptcies. The study noted that sales and property taxes — mainstays of local revenue — tanked when the economy crashed, yet city expenses — mostly personnel costs ...