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Keeley Webster

Senior reporter
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  • Obituaries
    Iconic California bond attorney Fritz Stradling has died

    The co-founder of the public finance practice at the firm that still bears his name has died at 96. He helped set the firms on its path to success.

    By Keeley Webster
    February 28
  • Los Angeles County Metropolitan Transportation Authority passengers waiting to board at Union Station.
    California
    Fare-dependent transit agencies face tougher recovery from pandemic

    The San Francisco Bay Area Rapid Transit District relied on fare revenue before the pandemic. Ridership has lagged since COVID, and so have revenues.

    By Keeley Webster
    February 23
  • California Sen. Dave Min, D-Costa Mesa
    California
    California bill would bar banks with firearms ties from bond work

    A bill introduced by Sen. Dave Min would prohibit banks that invest in gunmaking from working on any aspect of state public finances, including bond sales.

    By Keeley Webster
    February 21
  • Bond volume
    Fall in new money deals gives Far West worst volume year in a decade

    A substantial drop in new money volume sets California and the Far West apart from the the country.

    By Keeley Webster
    February 16
  • Awards
    California's Kathryn 'Kasey' O'Connor wins 2022 NAST award

    O'Connor was nominated by Treasurer Fiona Ma for her work on a trust fund program for foster kids and another that finances green P3s.

    By Keeley Webster
    February 14
  • State budgets
    Nevada's rainy-day fund soars to twice the level seen in 2020

    The rainy-day fund is currently at $904 million, but Gov. Joseph Lombardo's budget targets $1.6 billion in reserve by the end of the biennium.

    By Keeley Webster
    February 10
  • California
    Poseidon deal will finance new ocean intake for desalination plant

    A California conduit will price private activity bonds to replace the intakes for a San Diego County water desalination plant.

    By Keeley Webster
    February 9
  • California
    San Francisco mayor issues directive to implement new housing strategy

    San Francisco is one of a handful of Bay Area cities to meet a state deadline to deliver a blueprint to manage the housing crisis by permitting many new homes.

    By Keeley Webster
    February 8
  • BB-podcast-new-mic
    Transportation technology
    Transportation's futuristic push suffers growing pains

    Keeley Webster, a Bond Buyer senior reporter, discusses with Rudy Salo, a Nixon Peabody partner, funding and logistical challenges California, and the country, face as they stretch toward the future with plans for high speed rail, electric vehicle charging networks while incorporating more traditional mass transit. (29 minutes)

    By Keeley Webster
    February 7
  • Public health
    California awards $418 million in grants to support healthcare

    The funding will help facilities in the state deal with the nurse and doctor shortage, and increase IT projects to bolster its Medi-Cal system.

    By Keeley Webster
    February 6
  • State budgets
    Oregon's new governor delivers 'mission-focused' budget proposal

    The budget "starts and ends with the housing and homelessness crisis because housing is fundamental to everything else in a person's life," said Gov. Tina Kotek.

    By Keeley Webster
    February 2
  • California
    California state Senate leaders discussion foreshadows budget debates

    Neither Toni Atkins, the Democratic Senate president pro tem, nor Brian Jones, leader of the Republican minority, want to tap the state's reserve funds.

    By Keeley Webster
    January 31
  • Bond ratings
    Sparks, Nevada, and its entertainment district upgraded

    The ratings on special district bonds issued for the Outlets at Legends, a shopping and entertainment district in northwestern Nevada have been on an upward trajectory for several years.

    By Keeley Webster
    January 30
  • Healthcare
    California children's hospital expansion propelled by bond funding

    A California treasurer's conduit approved a $135 million bond-funded grant for Loma Linda University Children's Hospital.

    By Keeley Webster
    January 27
  • State budgets
    Alaska governor wants state to play in carbon markets

    Raising money by participating in carbon credit markets and carbon sequestration schemes would ease Alaska's revenue dependence on oil, Gov. Mike Dunleavy said.

    By Keeley Webster
    January 26
  • Private activity bonds
    California's demand for PABs is more than double the IRS ceiling

    A demand survey conducted by CDLAC in November foreshadowed $11 billion in requests from applicants for the state's private activity bonds.

    By Keeley Webster
    January 20
  • California
    California's transportation secretary faces storms, budget cuts

    Toks Omishakin's second year as State Transportation Agency secretary is off to a challenging start between massive rainfalls and proposed budget cuts.

    By Keeley Webster
    January 19
  • State budgets
    Facing a deficit, California budget plan brings back bonds

    California Gov. Gavin Newsom's proposal reverses plans laid out in last year's budget to redeem some bonds and use cash rather than bonds for some projects.

    By Keeley Webster
    January 12
  • BB-podcast-new-mic
    California
    Can the San Francisco Bay Area economy ride out tech industry layoffs?

    Christopher Thornberg, founder of Beacon Economics and Marc Joffe, a senior policy analyst at Cato Institute, drill down into the economic health of the San Francisco Bay Area amid widely-reported tech industry layoffs.

    By Keeley Webster
    January 10
  • Affordable housing bonds
    Housing bond proposal would be outside Washington's state debt limit

    Gov. Jay Inslee wants a $4 billion bond referendum for housing that would be outside the state's debt limit. State lawmakers must approve first.

    By Keeley Webster
    January 5
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