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California Earthquake Insurer to Sell $350M
California's state-owned earthquake insurance provider is planning to sell $350 million of taxable bonds next week to help boost its ability to pay claims.
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Standard & Poor’s revised its outlook on Hawaii to stable from positive, affirming its AA rating ahead of plans to price $1.1 billion in debt.  more »
Fitch Ratings has upgraded the ratings on debt issued for the Sky Lakes Medical Center in Oregon to A-minus from BBB-plus.  more »
Moody's Investors Service has downgraded the rating on Antioch Unified School District based on its weakened financial position.  more »
Sanjeev "Sonny" Bhagowalia, the Hawaii governor's chief advisor on Technology and Cyber Security, was named deputy assistant secretary and chief information officer for the U.S. Department of Treasury.  more »
A refunding deal assembled by the County of Los Angeles Redevelopment Refunding Authority triggered some positive rating actions for debt issued by the former Community Redevelopment Agency of Los Angeles.  more »
Moody's Investors Service affirmed Loma Linda University Medical Center, Calif.'s Baa3 revenue bond rating.  more »
In a major boost for California's high-speed rail project, the California Supreme Court declined to consider petitions challenging funding for the state's bullet train.  more »
John Deasy, Los Angeles Unified School District Superintendent, resigned after months of controversy arose about bidding practices involving a plan to put iPads in the hands of every student.  more »
The mayor of bankrupt San Bernardino and the city's police union both claim the other side attempted to violate the terms of a tentative contract agreement reached in confidential mediations.  more »
The State of Washington sold $934 million of general obligation refunding bonds on Wednesday to garner $137 million in net present value savings.  more »
As California Treasurer Bill Lockyer nears the end of his tenure, he talks about some of the biggest challenges he's faced, and the ones that still lie ahead for the Golden State.  more »
The California County Tobacco Securitization Agency on Oct. 21 plans to price a $95.5 million refunding of 2002 tobacco bonds issued for the Kern County Tobacco Asset Securitization Agency.  more »
Total revenues for the month of September, which ended the state's first fiscal year, came in above estimates at $9.8 billion.  more »

Americans are suffering the consequences of Congress, governors and legislators across the U.S. pushing the burden of today's costs onto the backs of tomorrow's taxpayers by repeatedly putting off infrastructure repairs and new construction.

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