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Keeley Webster

senior reporter
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  • SANDAG Chairwoman Nora Vargas
    Toll revenue bonds
    Inquiry reveals SANDAG management knew about toll road woes

    The results of two investigations into overcharging on San Diego's SR 125 toll road revealed management knew about the issues long before they came to light.

    By Keeley Webster
    October 8
  • Scott Wu
    California
    California revolving loan helps Santa Cruz improve sewers

    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.

    By Keeley Webster
    October 4
  • Jonathan Blais, a Bureau of Alcohol Tobacco, Firearms and Explosives special agent
    Trends in the Regions
    Hawaiian Electric munis restore many losses after wildfire settlement deal

    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.

    By Keeley Webster
    October 4
  • California Assemblymember David Alvarez, D-San Diego
    Trends in the Regions
    California lawmaker offers municipal bond solution to insurance crisis

    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.

    By Keeley Webster
    August 30
  • The California Supreme Court
    Pension obligation bond
    California high court delays decision on POB case review request

    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.

    By Keeley Webster
    August 5
  • Laura Dougherty, staff attorney for the Howard Jarvis Taxpayers Association
    Trends in the Regions
    Two cities fight for pension bond validation despite market conditions

    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.

    By Keeley Webster
    August 2
  • Some city leaders balked at California Gov. Gavin Newsom's push to clear homeless encampments like this one in Oakland
    Housing
    Online event to help cities tap bond funding to house homeless

    California Gov. Gavin Newsom fast-tracked the first $3.3 billion of a bond measure approved by voters in March.

    By Keeley Webster
    July 31
  • “This new funding would enable us to address multi-billion-dollar infrastructure needs and propel our city into the future," said San Diego Mayor Todd Gloria.
    Election 2024
    Proposed San Diego sales tax bump seen as structural deficit, project backlog fix

    Revenue from the sales tax could be used to issue long-term debt to reduce the extensive backlog of city projects.

    By Keeley Webster
    July 24
  • Mark Baldassare, survey director at the Public Policy Institute of California.
    ESG
    Californians tell pollsters climate is key to bond, presidential votes

    A majority of likely California voters favor a $10 billion bond for climate resiliency projects, according to a Public Policy Institute of California poll.

    By Keeley Webster
    July 19
  • Emily Raimes of Moody's Ratings
    Ratings
    Two private California universities downgraded amid sector challenges

    Two universities at opposite ends of the state received Moody's downgrades this week.

    By Keeley Webster
    June 28
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