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# Moody's: More California Municipal Bankruptcies Coming
- URL: https://ivn.us/moodys-more-california-municipal-bankruptcies-coming/
- Published: 2012-08-17T23:29:14.000Z
- Updated: 2026-06-22T19:30:19.000Z
- Author: Bob Morris
- Tags: News

Moody's says more California municipal bankruptcies are coming, as well as bond defaults.

> [across-the-board ratings adjustment for Californi](http://www.businessinsider.com/moodys-municipal-bankruptcy-california-2012-8?ref=ivn.us)

Indeed it would. If California's bond ratings are lowered, then the cost of borrowing money will increase for California cities and probably also for counties, school districts, and the state itself.