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Fiscal Cliff (2013)
Compton disputes ranking as state's most financially distressed city
Compton disputes ranking as state's most financially distressed city

Compton leaders disputed the results of a think tank's study released Thursday that concluded the city is the most financially distressed in California. Two other Southern California cities, Maywood and San Fernando, also had the dubious distinction of making the list, ranked by the nonpartisan California Policy Center and Civic Partner, a firm that collects and analyzes municipal financial data. Compton was on the brink of bankruptcy three years ago and is ranked No. 1 on the list that includes Maywood as the state's fifth-most distressed and San Fernando as its 11th. In 2011, Compton's general fund had a $40-million deficit because for years officials used the...

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