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A new civil grand jury report provides a new view of Victorville, Calif.'s convoluted finances, raising questions about the way the high-desert city uses bond proceeds.
July 5
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The Municipal Securities Rulemaking Board is releasing draft rule changes that would prohibit municipal securities dealers from consenting to amendments in bond authorizing documents, except in very limited circumstances.
July 5 -
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Mammoth Lakes, Calif., is set to become the second California municipality in as many months to file for bankruptcy protection after negotiations with its largest creditor failed.
July 3 -
The Loudoun County Board of Supervisors voted 5-4 to go ahead with the county's participation in the second phase of the Washington Metrorail's Silver Line extension, committing the county to an approximately $270 million share of the construction costs of the controversial and largely bond-financed project.
July 3 -
Stockton's filing for bankruptcy protection Thursday has already sparked a war of words between the city and one of its largest creditors.
June 29 - California
Standard & Poor's said its rating and outlook for California will not be impacted by the enactment of the state's $91.3 billion general fund budget.
June 29 -
Stockton, Calif. formally filed for Chapter 9 municipal bankruptcy Thursday.
June 29 -
A feud between San Jose and Santa Clara County, Calif. over redevelopment tax money that may have led to defaults and has spread uncertainty across the sector appears to have ended.
June 28 - California
Gov. Jerry Brown has signed a budget that closes an estimated $15.7 billion budget deficit for the fiscal year that starts Sunday.
June 28
