Keeley Webster

Recent Stories From this Author

Garcetti Elected Los Angeles Mayor - UPDATED
May 22, 2013 Three-term City Councilman Eric Garcetti replaces termed-out Los Angeles Mayor Antonio Villaraigosa on July 1st following a...

Southern California Water Agencies Battle Over Rates
May 21, 2013 A judge last week ruled in favor of the San Diego County Water Authority in the water authority's battle with the Los...

City Approves LAX $4.76B Runway Plan
May 9, 2013 The Los Angeles City Council approved a $4.76 billion Los Angeles International Airport plan to move the northernmost runway...

Income Tax Revenues Rising
May 9, 2013 Unexpectedly strong income tax revenues are outpacing the growth in sales taxes receipts during the tepid economic recovery...

Hawaii Keeps Chunk of Rail Surcharge
May 9, 2013 Hawaii State legislators killed a bill that would have reduced the state's take of a surcharge designated to pay the costs of...

Judge Rules Against Orange County, Calif.'s $73M Tax Grab
May 9, 2013 Orange County, Calif. loses its dispute with state Department of Finance over more than $73 million in property taxes in a...

CalPERS, San Bernardino Can't Agree on the Numbers
May 9, 2013 San Bernardino, Calif., and creditors like CalPERS can't agree what numbers to argue over as the city prepares to ask a...

More Drama Expected as Dissolution Process Continues
May 7, 2013 Moody's Investors Service is coming up on a 90-day deadline when it will decide whether or not it will continue to rate the...

NFMA Panelists Digest Risks of Capital-Intensive Project Financings
May 3, 2013 Speakers at the National Federation of Municipal Analysts on Thursday discussed warning signs that risk is stratospheric on...

Increasing Transparency Key Topic at NFMA
May 2, 2013 The largest trend facing the municipal world right now is efforts on multiple fronts to become more transparent, according to...

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Opinion

Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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