Keyword: 'Moody's Investors Service' | Herald Community Newspapers

Keyword: Moody's Investors Service

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City Manager Jack Schnirman, third from left, met with department heads last week to implement a more efficient snow removal plan.

Long Beach city manager to declare ‘fiscal crisis’

The Long Beach City Council will be asked to declare a fiscal crisis during its meeting on Tuesday, as the city contends with a looming budget deficit, a structural imbalance, a credit-rating … more

Anthony Rifilato | 1/13/12

Long Beach City Council meeting gets heated

A special City Council meeting on Saturday grew heated amid a discussion over the state of the city’s finances, before the council passed a resolution to allocate money recently acquired through a … more

Anthony Rifilato | 12/21/11

The Long Beach City Council approved a borrowing measure last month to make payroll by Dec. 23 and pay outgoing employees amid a cash-flow shortfall.

Moody’s downgrades Long Beach's credit rating

Moody’s Investor Services, which gave the city a solid bond rating last year, downgraded the city’s financial status in a scathing report released on Tuesday, following a recent cash-flow … more

Anthony Rifilato | 12/19/11

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