-
Santa Cruz, on California's coast, was particularly hard hit by flooding in 2023. In addition to the the I-Bank loan, the city secured a federal loan.
October 4 -
Fears of a Hawaiian Electric bankruptcy abated after a settlement was announced that would cap the utility's liability for the Maui wildfire under $2 billion.
October 4 -
A bill would allow the California Infrastructure and Economic Development Bank to issue debt for California's FAIR Plan, its property insurer of last resort.
August 30 -
Litigants in a case challenging San Jose's validation of proposed pension bonds will have to wait another month to hear if the high court will review an appeals court ruling.
August 5 -
Lawsuits targeting validation lawsuits for pension obligation bonds in California generally stop issuers from considering issuance, but two cities have fought and, so far, won.
August 2 -
California Gov. Gavin Newsom fast-tracked the first $3.3 billion of a bond measure approved by voters in March.
July 31 -
Revenue from the sales tax could be used to issue long-term debt to reduce the extensive backlog of city projects.
July 24 -
A majority of likely California voters favor a $10 billion bond for climate resiliency projects, according to a Public Policy Institute of California poll.
July 19 -
Two universities at opposite ends of the state received Moody's downgrades this week.
June 28 -
The City of Angels is the latest in recent days to score a ratings upgrade as Fitch reviews its local government ratings using amended criteria.
June 17