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Keeley Webster

Senior reporter
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  • Downgrades
    Anaheim ratings cut just as California eases amusement park restrictions

    Fitch Ratings downgraded Anaheim's bonds on Friday, as the governor announced amusement parks and stadiums could open April 1.

    By Keeley Webster
    March 8
  • Coronavirus
    California governor signs bill to speed return to in-person learning

    The legislation penalizes school districts who don't resume in-person instruction for some younger students and those most disadvantaged by online learning.

    By Keeley Webster
    March 5
  • Statistics reports
    Far West muni bond sales surged in 2020 after pandemic-driven pause

    Far West municipal issuers sold $99.1 billion of debt last year, a 16% increase from 2019.

    By Keeley Webster
    March 4
  • Infrastructure
    Mayors' infrastructure playbook reboot addresses COVID-19, systemic racism

    Flexibility in federal funding programs that would allow cities to target what they consider their highest priorities is key.

    By Keeley Webster
    March 2
  • Primary bond market
    Bay Area Toll Authority reserves cushioned it when the pandemic cut traffic

    BATA brings a refunding deal to market next week, buoyed by a financial position that stood up to the stresses of the COVID-19 pandemic.

    By Keeley Webster
    February 25
  • Primary bond market
    Los Angeles makes tender offer ahead of taxable MICLA refunding

    The city, struggling amid a pandemic-induced deficit, received a negative outlook from Kroll Bond Rating Agency ahead of the deal.

    By Keeley Webster
    February 18
  • Career moves
    Koster hired to grow D.A. Davidson's southwest public finance practice

    Koster, who came over from Piper Sandler, worked as lead or sole manager on $6 billion in public finance deals.

    By Keeley Webster
    February 16
  • Pension funds
    CalSTRS should weather spike in teacher retirements

    California teachers cited the risk of exposure to COVID-19 and the challenges of remote teaching as reasons for retiring early.

    By Keeley Webster
    February 12
  • Sell side
    State conduit plans notes for schools facing California budget deferrals

    The California School Finance Authority has received 148 applications from districts and charter schools seeking to borrow almost $1.4 billion.

    By Keeley Webster
    February 11
  • COVID-19
    Los Angeles is newest venue for city-school fight over reopening

    The Los Angeles Unified School District superintendent points out that city officials have failed to bring the COVID-19 infection rate to a safe enough level.

    By Keeley Webster
    February 8
  • Court cases
    San Francisco city attorney sues city's schools to force reopening

    San Francisco Mayor London Breed supported the lawsuit against San Francisco Unified School District saying students are falling behind while schools remain closed to in-person learning.

    By Keeley Webster
    February 4
  • Budgets
    San Diego's budget challenge: tourism down and pension costs up

    The city's newest budget forecast says revenues in the current fiscal year will fall short of projections by $86 million.

    By Keeley Webster
    February 4
  • Budgets
    L.A. police union agrees to postpone raises in exchange for no layoffs

    Police agreed to defer raises in exchange for $70 million in overtime for three years and no layoffs.

    By Keeley Webster
    February 3
  • Coronavirus
    Pandemic doesn't stall charter school fund's growth plans

    Michelle Getz was named a partner of the Equitable Facilities Fund.

    By Keeley Webster
    February 1
  • Ratings
    New Moody's school rating methodology may impact $65 billion of debt

    The rating agency placed 637 of the roughly 3,400 school districts it rates on review for upgrade or downgrade, and upgraded 85.

    By Keeley Webster
    January 27
  • Ratings
    San Francisco school district gets issuer default rating cut by Fitch

    The negative outlook reflects the challenge of rebalancing the district’s budget in the face of pandemic-related reopening costs.

    By Keeley Webster
    January 25
  • California
    Los Angeles firefighters agree to freeze on salary increases

    The pandemic caused the worst economic downturn Los Angeles has ever faced, according to Mayor Eric Garcetti and City Council President Nury Martinez.

    By Keeley Webster
    January 15
  • State budgets
    California governor's budget proposal anticipates surplus

    The continued escalation of COVID-19 cases in California and the resulting economic volatility took precedence as Gavin Newsom unveiled his fiscal 2021 budget.

    By Keeley Webster
    January 8
  • Coronavirus
    Hospitals have staved off payment defaults amid COVID-19 surge

    Federal CARES Act grants and loans, and bond market access, have helped mitigate the financial damage to hospitals caused by the pandemic.

    By Keeley Webster
    January 7
  • California
    Newsom makes early California budget proposals

    The spending plan the governor will release Friday will include a $4.5 billion economic recovery package in the wake of the coronavirus pandemic.

    By Keeley Webster
    January 6
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