Keeley Webster

Keeley Webster is the regional editor for The Bond Buyer’s nine-state Far West Region. Keeley started at the paper in August 2011 as a reporter covering the nexus of public finance and politics in the West Coast region. She tracks debt sold by state and local issuers to pay for schools, roads, rail and bridges – and more unique financings such as funding for Los Angeles’ Oscars museum. She also writes about state legislative changes such as California’s restrictions on capital appreciation bond issuance, the fallout from the dissolution of the Golden State’s redevelopment agencies, municipal bankruptcies and pension struggles. Prior to The Bond Buyer, she wrote about commercial real estate for the award-winning California Real Estate Journal until the paper folded. She moved into business reporting in 2000, but has covered politics, cops, courts, education and environmental issues for newspapers in seven different states. She has also earned several awards for her work, including an Associated Press award for in-depth reporting.

Recent Stories From this Author

Los Angeles Wants Governor to Declare Homelessness State of Emergency
August 24, 2016 The Los Angeles City Council joined Los Angeles County in trying to get California Gov. Jerry Brown to declare a state of...

McKenzie to Retire from California League of Cities
August 23, 2016 The California League of Cities announced that executive director Chris McKenzie plans to retire in October.

San Diego Advisors Question Whether Tax Will Cover Stadium Costs
August 22, 2016 A study commissioned by San Diego's city government raised concerns about whether a hotel tax the Chargers football team...

Brown Signs Bill To Increase Oversight of California Local School Bonds
August 19, 2016 California Gov. Jerry Brown signs bill that would require school districts to consider county assessors' property valuations...

California Ruling Takes a Chip out of Pension Vesting Rules
August 19, 2016 A California state appeals court ruling may open the window for governments to change the future benefits of existing employees.

California Revenues Down in July
August 17, 2016 The California Department of Finance announced that state revenues were $330 million off expectations in July.

Wright Nominated to Head LADWP
August 17, 2016 Los Angeles Mayor Eric Garcetti nominated David Wright to be the new general manager for the Los Angeles Department of Water...

Why Pensions Beat Bonds in Bankruptcy Court
August 17, 2016 Bondholders' poor recovery relative to pensioners in Detroit was typical of municipal bankruptcies, as protecting the...

L.A. County Advances Public-Private Building Project
August 16, 2016 Los Angeles County has given the greenlight to a public-private project for a $270 million office building for its Department...

Why a Critic Challenges California's Anti Pay-to-Play Initiative
August 15, 2016 An attorney in California contends that the state treasurer erred by not allowing public comment prior to rolling out an...

Fitch Upgrades California
August 12, 2016 Fitch Ratings upgraded California's issuer default rating to AA-minus from A-plus ahead of a $2.7 billion general obligation...

California Revenue Projections Fall Short in July
August 11, 2016 California revenues fell short of estimates in the 2016-17 Budget Act, according to State Controller Betty Yee’s monthly cash...

Behind California's Effort Targeting Bond Measure 'Pay-to-Play'
August 11, 2016 California Treasurer John Chiang's efforts to combat pay-to-play activities among local issuers received mixed reviews from...

Los Angeles CAO Fires Back at Controller's Bond Audit
August 9, 2016 An audit that accused Los Angeles of wasting millions of dollars in interest costs by issuing bonds too soon “over-simplified...

Gurtin Names Michael Johnson Co-CEO
July 29, 2016 Poised for Growth, San Diego and Chicago-based fund manager Gurtin Fixed Income Management promoted Michael Johnson to co-CEO.

Transportation Tax Measures Proliferate in California
July 28, 2016 Four transportation agencies in California's three largest metropolitan areas have placed tax measures on November's ballot.

FTA Grants Honolulu Rail Project Extension
July 26, 2016 The Federal Transit Administration granted Honolulu additional time for a recovery plan to deal with cost overruns on its...

California Ruling Clears Way for Delta Tunnel Tests
July 22, 2016 A California Supreme Court ruling removes one obstacle for Gov. Jerry Brown’s $15.7 billion plan to build two giant water...

Nevada School District Downgraded
July 22, 2016 White Pine County School District, Nev.’s general obligation bond limited tax rating was downgraded to Baa2 by Moody’s...

LAUSD's OPEB Liability Draws Attention
July 21, 2016 Los Angeles Unified School District has four times the unfunded OPEB liability of its closest peers, according to a Moody's...

Dean Fuleihan, New York City’s Director of Management and Budget, sits down with The Bond Buyer’s Senior Marker Reporter Chip Barnett to talk about the city’s fiscal 2017 budget. Fuleihan also discusses the city’s aging infrastructure and what it takes to get the right balance between maintaining the old and building the new.

While there is something wild about callable premium bonds, fortunately there may be a way to tame them.

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