ALAMEDA, Calif. — The city of Bell, Calif., received a singular piece of good news Monday as one of its bond ratings rose amid the tempest over the huge salaries paid to some of its public servants.

The working-class city southeast of Los Angeles has been in turmoil since July 15, when the Los Angeles Times revealed just how much its 39,000 residents were paying city officials: nearly $800,000 in the case of former chief administrative officer Robert Rizzo. He and two other exceedingly well-paid administrators resigned last week, but the turmoil continues in the 2.5 square mile city.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.