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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New Jersey and Illinois have the lowest state bond ratings. But all three states have been ramping up pension contributions, according to S&P Global Ratings.
August 8 -
Most public pension funds are fragile not distressed, according to Equable.
July 21 -
State pension funds have lost much of the ground gained during the bull market of 2021.
July 15 -
Private activity bonds for a coffee farm and general obligation bonds for an emergency center were cut with Gov. David Ige's veto pen.
July 14 -
Mary Colby, who retires from Charles Schwab Investment Management after 30 years in the muni industry, fought for more extensive disclosure for investors.
July 5 -
Supporters says the income tax on the wealthy would raise $100 billion.
July 1 -
The state has led the way on environmental policies and spent billions on housing, but significant challenges mean its ESG scores aren't that great.
June 30 -
The taxpayer refunds captured the most attention, but the final budget also includes a multi-year $47 billion infrastructure package.
June 28 -
The naming of the first Native American U.S. treasurer follows complaints about how pandemic relief funds were distributed among tribes.
June 23 -
The double-A rated Santa Clara Valley Transportation Authority has operated under a cloud for decades, according to Assemblymember Marc Berman.
June 22