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Fiscal Emergency

John Rudolf

Largest U.S. City Bankruptcy Heading Toward Court

HuffingtonPost.com | John Rudolf | Posted 02.29.2012 | Business

Stockton, Calif., took a major step toward becoming the largest U.S. city ever to file for bankruptcy with a city council vote to begin a state-mandat...

Local City Facing Bankruptcy: Would Be Biggest City To Declare In American History

Aaron Sankin | Posted 02.23.2012 | San Francisco

The Central Valley city of Stockton of may become the next California municipality to follow in the steps of Vallejo and Orange County and file for ba...

Jerry Brown To Declare Fiscal Emergency In California

Los Angeles Times | Posted 05.25.2011 | Los Angeles

Gov. Jerry Brown on Thursday is expected to declare California to be in a state of fiscal emergency, asking legislators to act quickly on a package to...