Keeley Webster

State officials have lost two rounds in a lawsuit that says California improperly diverted money intended for homeowners to make payments on housing bonds.

Voter initiatives can limit the state of California’s operating flexibility, Fitch Ratings analysts wrote.

California government officials are trying to figure out how best to use the Opportunity Zones created in the 2017 federal tax bill.

The Fitch Ratings action does not affect its AAA rating for LAUSD general obligation bonds, which are rated based on a dedicated tax analysis without regard to the district’s finances.

Rating agencies affirmed double-A-plus ratings ahead of the deal.

The teachers' union and Los Angeles Unified School District are in a spat about financial documents.

State Controller Betty Yee said revenues came in $1.14 billion higher than anticipated.

Verity Health System reported about $459 million of long-term bond debt and $254 million in pension obligations on its most recent CAFR.

Moody's boosted the revenue bond rating of the Las Vegas Convention and Visitors Authority to Aa3.

Moody's Investors Service took the Nevada city up to Baa1.