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Market Intelligence:
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Keeley Webster

Senior reporter
Connect with Keeley
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  • Primary bond market
    Sea-Tac airport operator lands an outlook boost ahead of $810M deal

    Recovering air passenger numbers were one factor Fitch Ratings cited in revising the Port of Seattle's outlook to stable from negative.

    By Keeley Webster
    June 10
  • California
    California legislative analysts urge lawmakers to slow spending plans

    The state's surplus is overstated and agencies can't handle the mountain of cash proposed in the May budget revision, state analysts say.

    By Keeley Webster
    May 18
  • California
    California has a $75.7 billion surplus, governor says

    California Gov. Gavin Newsom asked the legislature to triple the amount of direct stimulus checks to state residents in a $100 billion recovery plan.

    By Keeley Webster
    May 10
  • Climate change
    California answers investor calls for more climate risk disclosure

    The administration of Gov. Gavin Newsom and the state legislature have separate efforts that would result in increased climate risk disclosure.

    By Keeley Webster
    May 6
  • Alaska
    Alaska's outlook revised to stable by Moody's as oil prices boost revenues

    A jump in oil prices and federal relief has increased the likelihood Alaska will continue judicious draws on its permanent fund.

    By Keeley Webster
    April 23
  • City of Los Angeles, CA
    Homelessness takes center stage, again, in Los Angeles mayor's budget

    Mayor Eric Garcetti wants to exponentially increase spending to reduce homelessness as reports emerge that previous efforts aren't keeping pace.

    By Keeley Webster
    April 22
  • Oregon
    Oregon, California are prioritizing wildfire prevention and recovery bills

    Fire scorched two million acres across both states, but muni credits remained relatively unscathed.

    By Keeley Webster
    April 13
  • Career advancement
    Stephanie Wiggins becomes first woman to head LA Metro

    Wiggins takes the helm as the system strives to recover from the pandemic and build out its rail network ahead of the 2028 Olympics.

    By Keeley Webster
    April 9
  • Hawaii
    Kuakini hospital’s ratings dropped further into junk territory

    Tax-exempt bonds issued for a private hospital system in Honolulu fell further into junk territory with S&P Global Ratings downgrading the bonds to CCC from B-minus.

    By Keeley Webster
    March 29
  • California
    Court won't force San Francisco schools to resume in-person learning

    San Francisco's city attorney had sued to force the school district to resume in-person learning.

    By Keeley Webster
    March 26
  • City of Los Angeles, CA
    Federal relief funds will allow Los Angeles to avoid deficit borrowing

    American Relief Plan funds may also spare the city's reserves, but officials are waiting on the fine print from Washington to see what they can actually do.

    By Keeley Webster
    March 25
  • Photo of Todd Gloria, who was sworn in as San Diego mayor in December 2020.
    Utilities
    San Diego seeks bidders for electric and natural gas franchise

    The City Council rebooted the bidding process after 101-year incumbent SDG&E was the lone bidder in last year's process.

    By Keeley Webster
    March 22
  • Transportation industry
    SANDAG's long-range plans face post-pandemic uncertainties

    San Diego’s regional planning agency is trying to figure out what the world will look like after the pandemic recedes.

    By Keeley Webster
    March 12
  • 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
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© 2026 Arizent. All rights reserved.
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© 2026 Arizent. All rights reserved.