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Keeley Webster

senior reporter
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  • Governor Gavin Newsom used his State of the State address to focus on homelessness in the state.
    SALT deduction
    SALT cap drives Golden State revenue uncertainty

    Officials say California revenues may rebound after coming in $2.3 billion shy of Gov. Gavin Newsom's budget plan in December and January.

    By Keeley Webster
    February 21
  • TERI M. GUARNACCIA
    Municipal disclosure
    Issuers seek clarity as deadline nears on new SEC disclosure amendment

    Issuers are still seeking clarity on new SEC rules as a Feb. 27 deadline approaches.

    By Keeley Webster
    February 8
  • brown-kate-ore-bl-2016-0120
    State budgets
    Oregon lawmakers may shift tax rebate to fund pensions

    Lawmakers are weighing two plans that would divert to so-called "kicker" rebate issued to taxpayers when income tax revenues exceed the forecast.

    By Keeley Webster
    February 7
  • davidson_duane_washington
    State budgets
    Washington treasurer wants state to ease off on debt issuance

    Duane Davidson recommended more use of pay-go financing, instead of borrowing, in the state's debt affordablity report.

    By Keeley Webster
    February 5
  • Jorge A. Aguilar became the twenty-eighth Superintendent of the Sacramento City Unified School District on July 1, 2017.
    Ratings
    Sacramento schools take a multi-notch ratings hit from two agencies

    The Sacramento City Unified School District is on track to have a negative cash balance in November.

    By Keeley Webster
    February 4
  • ige-david-governor-hawaii
    Primary bond market
    Hawaii officials foresee investor demand for $550 million GO deal

    The Hawaii finance team doesn’t expect the market’s volatility to hamper buyer interest.

    By Keeley Webster
    January 31
  • A firefighter searches a burned-out building in Paradise, California, U.S., on Thursday, Nov. 15, 2018.
    Ratings
    Near-certain default spurs downgrade of debt linked to fire-ravaged town

    Moody's dropped to Caa3 a pool of pension obligation bonds likely to be dragged down by wildfire damage to Paradise, California.

    By Keeley Webster
    January 28
  • Former Los Angeles Deputy Mayor Austin Beutner was named Los Angeles Unified School District's superintendent in May 2018.
    School bonds
    End of Los Angeles teacher strike leaves tough budget decisions

    The county school superintendent appointed a fiscal advisory team to help Los Angeles Unified close a structural deficit.

    By Keeley Webster
    January 24
  • Peter Baranoff, chief executive officer, of KPC Healthcare
    Not-for-profit healthcare
    Buyer emerges for hospitals of bankrupt California chain

    KPC Group has agreed to be a stalking horse bidder for Verity Health System's remaining four hospitals.

    By Keeley Webster
    January 22
  • Signage is displayed on the exterior of Pacific Gas and Electric Corp. (PG&E) headquarters in San Francisco, California, U.S., on Monday, Jan. 14, 2019.
    Bankruptcy
    PG&E is expected to pay property taxes during bankruptcy

    Rating agencies don't expect major impacts to state and local governments from the troubled California utility's pending bankruptcy.

    By Keeley Webster
    January 18
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