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Keeley Webster

senior reporter
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  • A firefighter searches a burned-out building in Paradise, California, U.S., on Thursday, Nov. 15, 2018.
    Secondary bond market
    How municipal bonds withstood California's inferno — so far

    Fires haven't sparked a secondary-market sell-off, as investors "are either unconcerned or don't fully understand" the extent of the damage.

    By Keeley Webster
    November 21
  • Governor Gavin Newsom used his State of the State address to focus on homelessness in the state.
    State budgets
    Historic budget surplus will greet new California governor

    State's fiscal outlook dependent on governor-elect Newsom's management style.

    By Keeley Webster
    November 19
  • Oroville Dam-CA Dept. of Water Resources
    Water bonds
    Water bond fails to impress California voters

    Voters appear to have rejected $8.9 billion water bond measure only five months after approving a $4 billion water bond.

    By Keeley Webster
    November 15
  • California State Controller Betty Yee
    State budgets
    California's October revenues miss projections

    California tax revenues missed projections by $412.2 million, marking the first time in months that the state has fallen short.

    By Keeley Webster
    November 12
  • Brown, Jerry Brown, governor of California
    Public pensions
    Court date set for California Rule pension arguments

    The California Supreme Court will hear oral arguments Dec. 5 on a case to decide what pension rights are vested for government employees in the state.

    By Keeley Webster
    November 9
  • Jay Robert "JB" Pritzker, partner and founder of New World Ventures, speaks during a Bloomberg Television interview at the annual Milken Institute Global Conference in Beverly Hills, California on April 29, 2013.
    Election 2018
    Voters pick 36 governors and rearrange state legislative map

    The results stand to influence the municipal market through capital planning and budget actions with potential impacts on ratings and borrowing levels.

    By Yvette Shields
    November 7
  • Donald-Trump-BL
    Trade agreements
    Trump's China trade war may hit California tax revenues

    The California Budget & Policy Center says blowback from new tariffs will hit California because China is a major export market.

    By Keeley Webster
    November 6
  • Mary Yu, a justice on the Washington Supreme Court, in 2015.
    Lawsuits
    Washington charter school ruling negative for its school districts

    The state Supreme Court upheld the use of state lottery funds for charter schools.

    By Keeley Webster
    November 2
  • A traveler pulls baggage past a Lime scooter on the departures level in front of the Theme Building at Los Angeles International Airport (LAX) in Los Angeles, California, U.S., on Thursday, Oct. 25, 2018.
    Primary bond market
    Los Angeles airport deal brings $650 million of revenue bonds

    Moody's Investors Service upgraded LAX ahead of the deal, bringing the subordinate bonds to the AA-minus level across the board.

    By Keeley Webster
    October 30
  • San Diego Mayor Kevin Faulconer
    Utilities
    San Diego mayor takes first step toward a city-run electric JPA

    Mayor Kevin Faulconer announced plans to form a joint-powers authority to provide electricity

    By Keeley Webster
    October 26
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