Stockton Gets More Time for Mediation With Creditors
May 22, 2012 SAN FRANCISCO — Stockton, Calif., officials said Monday creditors have agreed to extend talks on how to keep the city out...

California LAO Has Questions About Brown’s Budget
May 18, 2012 SAN FRANCISCO — California's nonpartisan Legislative Analyst's Office released a report Friday on Gov. Jerry Brown's May...

S.F. Utility Sets $686M to Strengthen Water System
May 18, 2012 SAN FRANCISCO — The San Francisco Public Utility Commission will hit the market with $686 million of revenue bonds as it...

Parnell’s Pen Slashes Less
May 17, 2012 Alaska Gov. Sean Parnell vetoed $66 million from the budget passed by the Legislature in April, much less than in the past two...

Wenatchee GOs Now Junk
May 17, 2012 Moody’s Investors Service downgraded Wenatchee, Wash.’s unlimited-tax general obligation bond rating to Ba2 from A3...

Raters Warn California About Using One-Time Revenues for Deficit Fix
May 16, 2012 As California grapples with an estimated $16 billion budget gap, analysts warned lawmakers to shun one-time gimmicks to try...

California Budget Revised
May 14, 2012 California Gov. Jerry Brown released a revised budget that will try to bandage a projected deficit that has grown by $6.5...

California Controller Finds Major Flaws in Hercules' Record-Keeping
May 11, 2012 SAN FRANCISCO — California Controller John Chiang said he found "glaring holes" in the finances of the city of Hercules...

As Shaky Stockton Leads the Way, California Cities See Lease-Revs Slip
May 10, 2012 SAN FRANCISCO — The financial woes of some California local governments, epitomized by Stockton, have spooked some...

Building Buy Hits Snag
May 10, 2012 California’s Legislative Counsel says the Metropolitan Transportation Commission’s $93 million purchase of a...