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Keeley Webster

Senior reporter
  • twitter
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  • berry-robert-CDIAC-treasurer's office
    Career moves
    Deputy rises to the helm at California's CDIAC

    Robert Berry was named to replace Mark Campbell as head of the California Debt and Investment Advisory Commission.

    By Keeley Webster
    January 9
  • Signage stands outside the offices of the California Public Employees' Retirement System (CalPERS) in Sacramento on Sept. 13, 2010
    Pension obligation bond
    Largest deal yet brewing for California’s new pension bond boom

    Huntington Beach approved a resolution to refinance up to $436 million of public employee pension debt with pension obligation bonds.

    By Keeley Webster
    January 9
  • sacramento-capitol-building-Bloomberg
    School bonds
    Charter school law credit positive for California schools

    The new law gives school districts more power to deny charter applications, a credit positive for school districts and existing charter schools, Moody's says.

    By Keeley Webster
    January 7
  • A small plate that reads "Academy of Motion Picture Arts & Sciences" is affixed to the bottom of an Oscar statuette as it's readied for shipping at the R.S. Owens factory in Chicago, Illinois, U.S., on Monday, Feb. 11, 2008.
    Sell side
    More bonds ahead to build Oscars movie museum

    California's I-Bank will be the conduit on the second set of bonds to finance construction of the Academy Museum of Motion Pictures.

    By Keeley Webster
    January 6
  • Twilight view of the city of Riverside, California, from Mount Rubidoux Park
    Litigation
    Utility transfers to general fund challenged in a California city

    Residents in Riverside filed a lawsuit seeking to end the city’s practice of transferring water utility revenue.

    By Keeley Webster
    January 2
  • goldstone-jay-GFOA-12-2019
    Career moves
    Municipal bond industry loses 'iconic' Jay Goldstone to retirement

    Jay Goldstone was considered instrumental in San Diego’s re-entry to the bond markets following the city’s pensions scandal in the mid-aughts.

    By Keeley Webster
    December 26
  • The Sunol Water Treatment Plant of the San Francisco Public Utilities Commission.
    Green bonds
    San Francisco city utility's green bond strategy evolves

    San Francisco Public Utilities Commission officials say more green bond investors bought into its most recent deal, which carries third-party certification.

    By Keeley Webster
    December 19
  • Orange County, California, Supervisor Lisa Bartlett
    California
    California counties group names Bartlett president

    Orange County Board of Supervisors Chair Lisa Bartlett will be the first Orange County leader of the California State Association of Counties in 70 years.

    By Keeley Webster
    December 18
  • Jorge A. Aguilar became the twenty-eighth Superintendent of the Sacramento City Unified School District on July 1, 2017.
    Municipal disclosure
    Scathing state audit of Sacramento schools doesn't stop bond deal

    The general obligation bonds are secured by property tax assessments that don't flow through a school district budget that is threatened with insolvency.

    By Keeley Webster
    December 12
  • The Hawaii State Capitol stands in Honolulu, Hawaii, U.S., on Thursday, Aug. 20, 2009.
    Ratings
    Hawaii's strong operating performance brings an upgrade

    Fitch Ratings raised Hawaii to AA-plus from AA.

    By Keeley Webster
    December 10
  • Bill Johnson, chief executive officer of Pacific Gas and Electric Corp., speaks during a news conference at PG&E headquarters in San Francisco, California, U.S., on Wednesday, Oct. 23, 2019.
    Bankruptcy
    PG&E sees settlement as path to bankruptcy exit

    The agreement with wildfire victims will enable the bankrupt investor-owned utility to hit a deadline to participate in wildfire claim fund, its says.

    By Keeley Webster
    December 9
  • California Route 241, a toll road operated by the Foothill/Eastern Transportation Corridor Agency.
    Primary bond market
    California tollway targets $100 million of savings with taxable refunding

    The Foothill/Eastern Transportation Corridor Agency's $892 million deal is expected to yield $100 million in present value savings.

    By Keeley Webster
    December 5
  • A worker operates machinery to move prefabricated frames in a lot that is designated for affordable housing at the Brooklyn Basin in Oakland, California, U.S., on Tuesday, Nov. 12, 2019.
    Private activity bonds
    Advocates want California's PAB allocation directed to housing

    The state should allocate $4 billion, the majority of its 2020 private activity bond allocation, to affordable housing, said the California Housing Consortium.

    By Keeley Webster
    December 4
  • The Hetch Hetchy Reservoir in Yosemite National Park stores water for the San Francisco Public Utilities Commission.
    Sell side
    San Francisco water supplier earns rating boost ahead of sale

    San Francisco PUC's water revenue bond ratings were boosted to Aa2 ahead of sale.

    By Keeley Webster
    December 3
  • 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
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