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Market Intelligence:
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Keeley Webster

Senior reporter
Connect with Keeley
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  • Budgets
    Reserves protect municipal bonds buffeted by Disney theme park woes

    Disney in late September said it would lay off 28,000 employees at California's Disneyland and Florida's Walt Disney World resorts.

    By Keeley Webster and Shelly Sigo
    October 8
  • Ratings
    Boeing's assembly-line shift may impact Washington economy

    A Washington utility's ratings will survive Boeing's decision to move 787 production to South Carolina, but local economy may not be so lucky.

    By Keeley Webster
    October 2
  • Public pensions
    Orders signal more court review of California pensions

    Recent orders from the California Supreme Court in public pension cases indicate litigation on the matter has not ended.

    By Keeley Webster
    September 28
  • Career moves
    Oppenheimer bets on muni sector with new hires

    The firm hired seven new senior-level bankers in its fixed income division.

    By Keeley Webster
    September 24
  • Natural disasters
    Fire-decimated Oregon town is on Moody's review for downgrade

    Talent, Oregon, was in the path of destruction created by the Almeda Fire in a 13-mile corridor between Ashland and Medford.

    By Keeley Webster
    September 22
  • Election 2020
    Battle heats up over California split-roll property tax ballot measure

    Proposition 15 would detach commercial real estate from California's cap on property assessment increases.

    By Keeley Webster
    September 18
  • Natural disasters
    West Coast's massive wildfires put new pressure on state, local budgets

    The governors in Oregon and California point out that climate change has exacerbated the conditions that start and accelerate wildfires.

    By Keeley Webster
    September 15
  • Bond elections
    California voters won't see as many school bond measures as usual

    The pandemic's effect on the economy and learning, along with what may be growing voter antipathy, are cited for the dearth of November bond measures.

    By Keeley Webster
    September 10
  • Obituaries
    Veteran California municipal advisor Thomas Johnsen has died

    Johnsen, 67, had served as a board member of the National Association of Municipal Advisors. He retired in 2018 as a principal of Fieldman, Rolapp & Associates.

    By Keeley Webster
    September 4
  • Affordable housing bonds
    CalHFA taps 2008 federal bond recycling program for affordable housing

    The California Housing Finance Agency made its first use of a program that enables it to issue bonds beyond its yearly private activity bond cap.

    By Keeley Webster
    August 31
  • Statistics reports
    March's market freeze no obstacle as Far West volume rises

    Municipal issuers in the Far West sold $38.7 billion in bonds during the first six months of 2020, 8.8% more than they did the year before.

    By Keeley Webster
    August 27
  • Public pensions
    A wave of teacher retirements could impact pension funds

    As teachers in some states return to classrooms, pension actuaries weigh the impact that the coronavirus could have on pension funds

    By Keeley Webster
    August 17
  • Litigation
    Rating agencies weigh in on California Supreme Court pension ruling

    The California Supreme Court ruled July 25 in a pension spiking case with ramifications for the state's ironclad pension legal doctrine.

    By Keeley Webster
    August 7
  • Economy
    San Diego City Council allows many businesses to operate in parking lots, sidewalks

    Small businesses make up 98% of businesses in the city, and its coffers have taken a huge hit during the pandemic.

    By Keeley Webster
    August 5
  • State of California
    California revenues aren't quite as bad as expected amid coronavirus

    More will be clear once the state gets a full tally of receipts from the July 15 tax deadline, but a rocky road lies ahead in any case.

    By Keeley Webster
    July 23
  • Career moves
    UMB Financial adds municipal advisory services

    UMB plans to focus on higher education with its initial thrust into advisory services.

    By Keeley Webster
    July 21
  • Career moves
    Veteran public finance attorney Lisa Quateman plans to retire

    The Los Angeles lawyer founded her own firm and ran it for two decades before Polsinelli acquired it in 2011 to enter California. She retires in October.

    By Keeley Webster
    July 16
  • Sell side
    San Diego County Water Authority priced into a market eager for California paper

    The authority realized $67 million in savings on its refunding.

    By Keeley Webster
    July 10
  • California
    Could shifting non-violent police calls result in a reimagining of city budgets?

    Several California cities are cutting police budgets, and shifting non-violent 911 calls to mental health workers.

    By Keeley Webster
    July 9
  • Sell side
    Washington note deal hits a glitch

    Washington State pulled a note deal after a glitch resulted in two-thirds of bidders not seeing a couponing instruction.

    By Keeley Webster
    July 8
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