Kyle Glazier

The California Public Employees’ Retirement System Board has voted to reduce the pension fund’s current 7.5% expected annual rate of return on investments to 7% over the next three years.

The credit implications of Washington States' K-12 funding overhaul may hinge on how the state's solutions affect each district's revenues and flexibility.

The San Francisco Public Utilities Commission has issued $259 million of taxable water revenue bonds, certified as green bonds through the Climate Bond Initiative.

Washington Gov. Jay Inslee on Wednesday released his nearly $47 billion 2017–19 budget proposal.

The City and County of San Francisco has invested $4.5 million into a public/private partnership aimed at reducing homelessness.

MultiCare Health System, a not-for-profit health system based in Tacoma, Wash., has reached a deal to purchase the for-profit Rockwood Health System for $425 million and will finance a large portion of it with bonds.

Facing a projected two-year budget shortfall of $1.7 billion, Oregon Gov. Kate Brown has proposed a biennial budget that the newly-reelected governor characterized as a “short-term” solution.

There is a sense among some market participants that the landscape for state credit has shifted amid concerns about revenue loss, pension liabilities, and other difficult-to-solve problems.

Veteran municipal market strategist George Friedlander will join Court Street Group Research effective Dec. 1.

A proposed new arena is closer to reality after another courtroom win on Tuesday.

The California Supreme Court has agreed to hear an appeal of a landmark pension decision that analysts and reformers had hailed as a positive for the state and local governments.

Maricopa County, Ariz.'s plan to sell bond-financed Chase Field appears dead after the real estate company that had expressed interest in the deal said it is no longer interested.

Worrisome signs remain for the Oregon economy ahead of Gov. Kate Brown's budget proposal Dec. 1, necessitating some cuts the state’s chief executive said.

A banker who serves on issuer charitable groups and donates to them raises conflict of interest questions.

The looming deadline of California's special legislative session on transportation funding could provide an opening for much-needed legislation before new lawmakers take their seats next legislative session, those closely watching the developments in Sacramento believe.

The heightened focus on disclosure in green bonds could inspire better disclosure practices in the larger municipal bond market, S&P Global Ratings said in a report this week.

With austerity measures already in place and energy revenues showing little sign of rebounding, Wyoming's government is pushing to diversify the state's economy sooner rather than later.

An operator of bond-financed charter schools in California has filed for Chapter 11 bankruptcy.

Arizona's Salt River Project is gearing up for a $720 million refunding deal next week.

San Francisco has completed the transfer of ownership of its public housing sites from the San Francisco Housing Authority to community-based affordable housing teams, part of a long-term bond-financed initiative begun in 2013.