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Market Intelligence:
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Legal
Research
Market Data

Keeley Webster

Senior reporter
Connect with Keeley
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  • A Vallejo, California, ferry with the city's Mare Island in the background.
    Bankruptcy
    Ten years after Chapter 9 filing, Vallejo looks ahead

    The California city's supporters portray a lasting turnaround, but growing pension liabilities could bring trouble.

    By Keeley Webster
    May 17
  • Worker atop a roof covered in solar panels.
    Energy industry
    California solar panel decree is negative for utilities

    A vote by California energy commissioners to require solar panels on new homes is credit negative for utilities, Moody's said.

    By Keeley Webster
    May 14
  • Brown, Jerry Brown, governor of California
    State budgets
    California lawmakers prepare for battle over $8.8 billion surplus

    Gov. Jerry Brown unveiled budget proposals that bolster reserves and favor one-time costs.

    By Keeley Webster
    May 11
  • Emily Raimes of Moody's Ratings
    State budgets
    States may see an April bounce in income tax revenue

    Strong personal income tax revenues in California and Connecticut could be a harbinger for other states.

    By Keeley Webster
    May 10
  • Lava moving down Makamae Street in Leilani Estates, Hawaii County, Hawaii, at 9:32 a.m. on May 6, 2018.
    Natural disasters
    Hawaii's disasters are unlikely to pose a credit risk

    Hawaii's dramatic spring has brought torrential rains, mudslides, volcanic eruptions and lava flows.

    By Keeley Webster
    May 9
  • Benjamin Geare-S&P Global
    Sell side
    Bell, California, puts corruption scandal behind it with market return

    The city won back its investment-grade rating ahead of the refunding deal that marks its return.

    By Keeley Webster
    May 4
  • BB042018TREND CHART-Oregon CABS
    School bonds
    Surge in Oregon schools' deferred interest bonds sets off alarms

    Nine Oregon school districts are responsible for half of the $1 billion in school capital appreciation bond issuance nationally since January 2017.

    By Keeley Webster
    April 19
  • Eric-Garcetti-Los Angeles Mayor
    Budgets
    Los Angeles budget would dedicate $430 million to fight homelessness

    Mayor Eric Garcetti painted a picture of a thriving Los Angeles yet called homelessness "the issue."

    By Keeley Webster
    April 16
  • Sam Adams-KeyBanq
    Sell side
    Seattle-area authority plans $162.5M bond sale for affordable housing projects

    KeyBanc will price $162.5 million in revenue bonds for the King County Housing Authority Tuesday.

    By Keeley Webster
    April 13
  • Sachi Hamai-Los Angeles County Executive
    Budgets
    LA County, mindful of Trump's cuts, emphasizes homeless programs

    Nearly 60% of Los Angeles County's $30.8 billion budget for fiscal 2019 will go for health and public assistance programs.

    By Keeley Webster
    April 10
  • san-diego-light-rail-trolley-mts-sandag-bl-20120912
    Infrastructure
    SANDAG ends seven-year legal battle over long-range plan

    San Diego's regional transportation agency agreed to pay legal fees ending a long-running legal battle with environmental groups.

    By Keeley Webster
    April 9
  • Rendering of the proposed Las Vegas stadium for the NFL's Oakland Raiders.
    Primary bond market
    Bonds for Vegas Raiders stadium won't offer high yields

    Clark County will price $647 million in general obligation bonds Wednesday for the NFL stadium.

    By Keeley Webster
    April 6
  • Svend Ryge, treasurer, Sutter Health
    Taxable bonds
    Sutter Health sells taxables as advance refunding alternative

    The nonprofit hospital chain expects significant savings even though it must issue taxable debt to refund tax-exempt bonds.

    By Keeley Webster
    March 23
  • Los Angeles City Council Member Mitchell Englander.
    Not-for-profit healthcare
    Los Angeles committee advances a hospital's $542 million expansion

    A city council committee approved construction plans for the Providence Tarzana hospital.

    By Keeley Webster
    March 21
  • Ting-Phil-CA Assembly
    Trump tax plan
    Why states may see a business tax windfall from federal tax cuts

    States are poised to see increases in their corporate tax base because of the federal tax overhaul, according to a new study.

    By Keeley Webster
    March 20
  • California Dairy Cows-Bloomberg
    Infrastructure
    California drinking water tax bill faces an uphill battle

    The bill would create a $100 million fund to clean contaminated water sources

    By Keeley Webster
    March 16
  • A container ship in the Port of Los Angeles
    Trade agreements
    Trump tariffs create uncertainty for state and local government credits

    Export industries may suffer, and Increases in steel and aluminum prices would hinder infrastructure projects.

    By Keeley Webster
    March 15
  • Richard H. Llewellyn, Jr
    Budgets
    Closure of Los Angeles shortfall viewed as well within city's grasp

    Fitch Ratings did cite federal funding uncertainties and potential unbudgeted expenditures for liability claims as concerns.

    By Keeley Webster
    March 12
  • Tim Schaefer, California deputy treasurer for public finance
    Sell side
    Heightened retail demand propelled California's GO sale

    California experienced the highest retail orders in five years during Tuesday's sale

    By Keeley Webster
    March 9
  • Brown, Jerry Brown, governor of California
    State budgets
    California weighs reserves it needs to withstand a recession

    California's Legislative Analyst's Office issued a report offering guidance to lawmakers on the state's reserve.

    By Keeley Webster
    March 8
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