Keeley Webster has covered the Bond Buyer's nine-state West Coast region for more than a decade. Prior to The Bond Buyer, she wrote about commercial real estate for the award-winning California Real Estate Journal until the paper folded. She moved into business reporting in 2000, but has covered politics, cops, courts, education and environmental issues for newspapers in seven different states. She has won several awards for her work, including an Associated Press award for in-depth reporting.
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Unfunded public pension liabilities have dropped more than 60%, or $3 trillion, from the peak in 2020, according to a new Moody's Ratings report.
July 10 -
The company says merging Assured Guaranty Municipal Corp. into Assured Guaranty Inc. will reduce duplication and represents a better use of capital.
July 9 -
A half-billion dollars in grants are to be split by a dozen of the nearly 500 applicants for the tech hub program and 31 semifinalists.
July 8 -
The private-activity bonds funding LAX's automated people mover project have been downgraded to junk by Fitch amid delays and disagreements with the private developer. But Fitch affirmed the airport's AA rating.
July 5 -
Between two state measures and one regional, California starts with $40 billion of GO bonds on the November ballot, before any other local measures are tallied.
July 5 -
The Contra Costa County Office of Education gave West Contra Costa Unified School District until July 17 to pass a budget, or have the county office step in.
July 3 -
California lawmakers were putting the finishing touches on the budget this week before the start of the fiscal year on July 1.
June 28 -
Two initiatives were dropped from the California ballot as Gov. Gavin Newsom worked to secure a legislative fix.
June 26 -
The agreement includes plans for a bill creating a constitutional amendment to allow the state to set aside greater sums in reserves.
June 24 -
The California Supreme Court issued an opinion Thursday blocking an anti-tax measure from November's ballot.
June 21 -
Existing California law requires hospitals to be fully operational after a large earthquake by 2030. The Senate has passed a bill to extend the deadline.
June 21 -
Ten other pension obligation bonds are under review by Fitch Ratings as a result of the agency's new local government criteria.
June 14 -
The Biden administration's accelerated deadlines for exiting dirty energy like coal could pressure utilities already facing growing demand, the rating agency said.
June 12 -
"The shortage of accountants is not a brand new-issue, but it seems to be more thematic this year," said Richard Ciccarone, president emeritus of Merritt Research Services.
June 7 -
Co-authors of a bill to authorize a tax measure seen as crucial to Bay Area transit killed it amid opposition from multiple quarters.
June 3 -
Oregon Democrats and Republicans had opposite takes on the possibility the state could be dispersing a kicker credit of $582 million for the 2025-27 biennium.
May 31 -
Democratic leaders in the Assembly and Senate said they restored some of Gavin Newsom's proposed deficit-reducing cuts in their budget proposal.
May 31 -
Cabrera Capital Markets is among the firms that has capitalized on the exits of UBS and Citi from municipal bond underwriting to add senior bankers.
May 30 -
The majority of the debt sold for the state's community choice aggregators came through CCCFA, a conduit issuer that ranked third among all issuers nationwide for volume issued in 2023.
May 24 -
State senators didn't like the responses they received to queries on whether underserved communities are being prioritized in the state's rollout of public broadband following last year's missteps.
May 21
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