Courthouse News: Auditor Ranks California Cities by Fiscal Health in New Report

Courthouse News: Auditor Ranks California Cities by Fiscal Health in New Report. “In a checkup of 470 California cities, State Auditor Elaine Howle says 18 face high-risk financial woes due to factors like high debt, spiking pension liabilities and lack of rainy-day savings. Cities from the San Francisco Bay Area, Los Angeles and the Central Valley earned the dubious honor of landing on Howle’s first-ever ranking of local governments’ finances. The ranking is part of an interactive state website Howle hopes will help cities identity and manage looming risks.”

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