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The Stockton, Calif. City Council voted Tuesday night to file for bankruptcy as part of a plan to try to keep the city solvent after city officials said negotiations with creditors failed.
June 27 - California
The battle between San Jose and Santa Clara County over tax revenue from the city's former redevelopment agency has gotten ugly.
June 26 -
Stockton's City Council will consider whether it will become the largest city ever to file for bankruptcy protection Tuesday night after negotiations with creditors ended on Monday.
June 26 - California
California Treasurer Bill Lockyer has tentatively set a $10 billion revenue anticipation note sale for August as part of the state's annual cash flow balancing act.
June 26
- California
The Orange County Employees Retirement System has hired Girard Miller as its new chief investment officer.
June 25 -
New Rule G-43 requires that broker's brokers make reasonable efforts to obtain fair and reasonable prices when conducting secondary-market "bid-wanted" auctions.
June 25 -
While the Governmental Accounting Standards Board's new accounting standards announced Monday will improve financial reporting for public pension plans they also will put added pressure on cash-strapped state and local governments to reform their systems.
June 25 -
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The latest round of TIGER grant funding will disburse nearly $500 million to 47 projects in 34 states and the District of Columbia, U.S. Transportation Secretary Ray LaHood announced Friday. The Department of Transportation received 703 applications from all 50 states, U.S. territories, and D.C. The awards ranged from $1 million to $21.6 million.
June 22 -
The American Public Power Association and a California Public Agency have commented on proposed IRS governmental plan regulations, suggesting changes to provide certainty to existing participants in governmental plans.
June 21
