Fitch: California Water Board Rules Will Challenge Some Utilities

California LAO Report Evaluates Sales Tax

California Tax Receipts Beat Projections

Standard & Poor’s Revises CalSTRS Outlook to Positive

Moody’s Deems Appeals Court Water Ruling Credit Negative

Janney to Issuers: Avoid Pension Obligation Bonds

Milken Challenges Finance World For California Drought Solutions

Panama Canal Expansion Not Seen as Danger to West Coast Ports

Report: California Needs to Spend $853B on Infrastructure

LA City Council Begins Budget Hearings

This week, we discuss a new measure of pension funding, examine the impact of oil prices on labor markets in oil dependent States and discuss changing levels of food stamp participation.

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