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Keeley Webster

Senior reporter
Connect with Keeley
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  • Sell side
    Los Angeles takes wastewater bonds to market amid sewage spill fallout

    The city is pricing $168 million of subordinate wastewater revenue bonds on Tuesday. The system's main plant spilled raw sewage into Santa Monica Bay last year.

    By Keeley Webster
    March 31
  • State budgets
    Alaska lawmakers reworking budget following oil revenues windfall

    A forecast anticipates an additional $1.2 billion in revenues for the upcoming fiscal year.

    By Keeley Webster
    March 30
  • Public-private partnership
    Long Beach, California, shows a path for social P3s in U.S.

    A large portion of Long Beach's downtown has been reshaped using public-private partnerships that delivered a new state courthouse and a city civic center.

    By Keeley Webster
    March 24
  • Affordable housing bonds
    Sale will exhaust California's No Place Like Home bond capacity

    The California Health Facilities Finance Authority will price the final authorization of $1.05 billion from the $2 billion program on Tuesday.

    By Keeley Webster
    March 23
  • California
    California revenues beat projections by $17.5 billion

    The state's workaround to the cap on state and local tax deductions in the 2017 federal tax law might be artificially elevating the figures.

    By Keeley Webster
    March 18
  • Idaho
    Idaho heads into turbulent market with a new transportation credit

    Idaho will bring its inaugural issuance tapping a new transportation funding stream supported by sales taxes.

    By Keeley Webster
    March 17
  • Finance, investment and tax-related legislation
    Washington state bill would protect highway bonds from gas tax fluctuations

    Washington state's future highway bonds would be bolstered by an additional revenue stream if the governor signs a bill approved by lawmakers.

    By Keeley Webster
    March 14
  • Budgets
    Federal rescue funds prevented insolvency in some West Coast cities

    The American Rescue Plan Act helped cities avoid insolvency after the pandemic struck, some mayors said.

    By Keeley Webster
    March 11
  • Inflation
    Russia-Ukraine war poses a risk to U.S., California economies, forecast says

    Russia’s invasion upends a return to normal as the economic impact of COVID-19 wanes, UCLA Anderson Forecast economists said.

    By Keeley Webster
    March 9
  • Infrastructure
    Washington state House advances $16.8 billion transportation bill

    A controversial tax on fuel exported to other states from Washington refineries was cut by the plan's author after neighboring governors cried foul.

    By Keeley Webster
    March 3
  • Buy side
    Oppenheimer, seeing rising bond impairments, launches a restructuring group

    The 18-member group will be headed by Eric Scroggins, co-head of debt advisory and restructuring, and Bill Reisner, head of public finance investment banking.

    By Keeley Webster
    March 2
  • Affordable housing bonds
    Soaring per-unit costs criticized in Los Angeles housing bond audit

    The city's current trajectory could drive per-unit costs to $1 million, according to the audit by City Controller Ron Galperin.

    By Keeley Webster
    February 25
  • Private activity bonds
    Nevada doubles down on affordable housing with federal funds, bonds

    Gov. Steve Sisolak plans to dedicate $500 million in federal funds to developing affordable housing.

    By Keeley Webster
    February 24
  • Bond volume
    California keeps refunding, sending Far West to big volume gain

    Issuers in California sold more than $86 billion of municipal bonds in 2021.

    By Keeley Webster
    February 24
  • State budgets
    Oregon lawmakers prioritize rural infrastructure, climate change projects

    Oregon Gov. Kate Brown called the availability of the surplus "a pivotal moment" for the state.

    By Keeley Webster
    February 22
  • California
    Applicants line up for California IBank's wildfire prevention funding

    The climate change pilot program fund has attracted more than 40 interested parties seeking $47 million of funding.

    By Keeley Webster
    February 17
  • ESG
    ESG bonds expected to snag greater share of muni market

    Issuance of ESG bonds is projected to grow 23% this year, while the entire market only expands by 2%, S&P Global Ratings analysts said.

    By Keeley Webster
    February 16
  • Ratings
    California horse track affirmed at junk as Fitch cites sport's decline

    Fitch affirmed its BB-minus rating of the Del Mar Race Track Authority. The rating dropped below investment grade after the March 2020 stay-at-home orders.

    By Keeley Webster
    February 14
  • Sell side
    Trio of firsts for Santa Cruz Metro’s inaugural deal

    The previously unrated Santa Cruz Metropolitan Transit District will be the first transit agency to price debt to cover pension liabilities when it hits the market Wednesday.

    By Keeley Webster
    February 10
  • Sell side
    Washington sees spreads narrow in GO deal amid volatile market

    A selloff in Treasuries didn't throw Washington's deal off course, according to the treasurer's office.

    By Keeley Webster
    February 9
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