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Keeley Webster

Recent Stories From this Author

S&P: California Has Chipped Away at 'Wall of Debt'
January 30, 2015 California's recovery resulted from reduced spending, not just higher revenues, according to a Standard & Poor's report.

Report: Municipal Bond Vet Suspected in Embezzlement
January 30, 2015 Clarke Howatt, finance director for the Association of Bay Area Governments, is being sought by San Francisco law enforcement...

LAX Comes to Market on Strength of Passenger Numbers
January 29, 2015 Los Angeles International Airport will point to increasing passenger counts and progress on its expansion plan when it sells...

Judge Intervenes in California School Bond Spending Plan
January 29, 2015 A taxpayers' group in San Diego County won a legal battle in its challenge to the way the school district spends its voter...

Kern County, With Oil Prices Down, Declares Fiscal Emergency
January 29, 2015 Oil-dependent Kern County, Calif. declared a fiscal emergency Tuesday anticipating a shortfall with oil prices down; one-third...

Washington Water Alliance Gets Ratings Boost
January 28, 2015 Standard & Poor's Ratings Service raised its long-term rating to AA from AA-minus on the Washington Economic Development...

Decision Postponed on Sale of California Hospitals
January 27, 2015 California's attorney general's office needs two additional weeks to complete its required review of the proposed sale of...

Ige Supports Honolulu Rail, Wants Cost Containment
January 27, 2015 Hawaii Gov. David Ige affirmed his support of Oahu's $6 billion elevated rail project, but added he will be pressing for cost...

Medicare Self-Report Could Delay Hospital's Bankruptcy Exit
January 27, 2015 A Medicare violation self-reported by the Mendocino Coast Health Care District could delay its efforts to exit Chapter 9...

Fitch: Developments in SFCCD's Accreditation Battle Positive
January 23, 2015 Fitch Ratings views favorably two recent developments in San Francisco Community College District's accreditation battle,...


The Commonwealth of Puerto Rico has a long history of fiscal uncertainty and structural deficits. Responding to decades of general fund deficits in 2014, the rating services lowered the ratings on the Commonwealth’s general obligation credit to below investment grade, or junk status.

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