As of 2018, the largest municipality to file for Chapter 9 bankruptcy was Orange County in California, who filed for bankruptcy in 1994. At the time of filing, Orange County had outstanding debts of around 1.97 billion U.S. dollars.
Chapter 9 bankruptcy allows for financially distressed municipalities to reorganize outstanding debt with their creditors. Municipality is broadly defined, including cities, counties, townships, school districts, and public improvement districts, as well as revenue-producing bodies such as bridge and highway authorities.
Largest municipalities filing for Chapter 9 bankruptcy in the United States as of 2018, by population and debt
Characteristic
Approximate population
Approximate debt in million U.S. dollars
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
** Population and debt values from 2011.
*** Population value from 2012.
Chapter 9 bankruptcy allows for financially distressed municipalities to reorganize outstanding debt with their creditors. Municipality is broadly defined, including cities, counties, townships, school districts, and public improvement districts, as well as revenue-producing bodies such as bridge and highway authorities.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Website (muninetguide.com). (June 14, 2018). Largest municipalities filing for Chapter 9 bankruptcy in the United States as of 2018, by population and debt [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1118545/bankruptcy-filings-us-chapter-9-largest-municipalities/
Website (muninetguide.com). "Largest municipalities filing for Chapter 9 bankruptcy in the United States as of 2018, by population and debt." Chart. June 14, 2018. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1118545/bankruptcy-filings-us-chapter-9-largest-municipalities/
Website (muninetguide.com). (2018). Largest municipalities filing for Chapter 9 bankruptcy in the United States as of 2018, by population and debt. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1118545/bankruptcy-filings-us-chapter-9-largest-municipalities/
Website (muninetguide.com). "Largest Municipalities Filing for Chapter 9 Bankruptcy in The United States as of 2018, by Population and Debt." Statista, Statista Inc., 14 Jun 2018, https://www.statista.com/statistics/1118545/bankruptcy-filings-us-chapter-9-largest-municipalities/
Website (muninetguide.com), Largest municipalities filing for Chapter 9 bankruptcy in the United States as of 2018, by population and debt Statista, https://www.statista.com/statistics/1118545/bankruptcy-filings-us-chapter-9-largest-municipalities/ (last visited August 25, 2024)
Largest municipalities filing for Chapter 9 bankruptcy in the United States as of 2018, by population and debt [Graph], Website (muninetguide.com), June 14, 2018. [Online]. Available: https://www.statista.com/statistics/1118545/bankruptcy-filings-us-chapter-9-largest-municipalities/
