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Keeley Webster

senior reporter
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  • Gabriel Petek was named California's Legislative Analyst in 2019.
    State budgets
    California LAO forecasts $7 billion surplus for fiscal year

    California lawmakers warned by LAO against spending a large anticipated surplus.

    By Keeley Webster
    November 27
  • galperin-ron-la-controller.jpg
    Natural disasters
    How Controller wants LAWDP to improve its wildfire mitigation

    L.A. Controller wants nation's largest utility to increase wildfire prevention inspections and boost use of technology.

    By Keeley Webster
    November 25
  • SoundTransit_LightRail.jpg
    State tax revenues
    Transit agency to continue collecting tax repealed by Washington initiative

    Sound Transit says it can continue to collect taxes approved by its own voters in 2016 until bonds it backs are repaid.

    By Keeley Webster
    November 22
  • BB-092219-DEAL-graphic
    Green bonds
    Tax-exempt Fannie Mae multifamily green paper finds an audience

    The deal, issued through the California Housing Finance Agency, is the first multifamily tax-exempt deal to qualify for the GSE's Green Rewards program.

    By Keeley Webster
    November 21
  • Palomar Health's Palomar Medical Center Escondido, in Escondido, California.
    Ratings
    Outlook boost for California's largest public healthcare district

    Moody's Investors Service raised the outlook to positive from stable on Palomar Health's junk-rated revenue bonds and investment grade general obligation debt.

    By Keeley Webster
    November 20
  • Sandy Kerl was set to be approved as general manager of the San Diego County Water Authority in November 2019.
    Career moves
    Acting manager to become permanent at San Diego County Water Authority

    Sandy Kerl has been acting general manager since Maureen Stapleton retired in March from the top slot.

    By Keeley Webster
    November 18
  • Los Angeles International Airport's automated people mover will transport 10,000 passengers per hour.
    Public-private partnership
    Landscape remains tricky for large P3 projects in U.S.

    P3 players are turning to smaller projects and taking on more partners, industry insiders told a Bond Buyer conference.

    By Keeley Webster
    November 15
  • A homeless encampment is seen on Martin Luther King Jr. Way in Oakland, California, U.S., on Friday, Aug. 30, 2019.
    Primary bond market
    New California state credit will fund homes for mentally ill people

    Next week's $500 million taxable revenue bond deal is backed by a 1% surcharge on annual incomes higher than $1 million.

    By Keeley Webster
    November 14
  • Governor Gavin Newsom used his State of the State address to focus on homelessness in the state.
    State budgets
    A rating agency warning for California about PG&E entanglement

    The risk of a state takeover of the bankrupt utility, which Gov. Gavin Newsom has suggested, is not incorporated into California's rating, S&P said.

    By Keeley Webster
    November 12
  • Steve Sisolak, a Democrat, was elected Nevada governor in 2018.
    Ratings
    A second upgrade buoys Nevada ahead of bond sale

    S&P Global Ratings elevated Nevada's rating to AA-plus, two days after a Moody's upgrade.

    By Keeley Webster
    November 11
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