LOS ANGELES--Mounting fiscal pressures probably will result in credit rating downgrades for some California counties, says a report by Moody's Investors Service.

"Two key credit rating criteria, [the] economy and financial operations, have suffered unabated declines since 1990," Moody's said in the five-page credit report.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.