Kyle Glazier

California’s high-speed rail project appears to have survived one legal challenge, as Kings County, Calif. will not further contest the legality of the bonds supporting the train.

The California Public Employees' Retirement System's purchase of an equity stake in the Indiana Toll Road earlier this month is part of a growing trend of public pension funds investing more directly in large infrastructure assets.

A ballot measure injecting $3.5 billion into Arizona's K-12 education passed by a razor thin margin for a result that S&P Global Ratings said could be a short-term positive for state and school district credits, with a much less certain long-term impact.

Lawmakers on both sides of the aisle are digging in for a struggle over California Gov. Jerry Brown’s revised budget proposal, as both parties try to adjust priorities with California’s fiscal outlook apparently dimming.

The Santa Clara County, Calif. Financing Authority, which has sharply reduced its liabilities and placed itself in strong financial position over the past several years, will sell $160.85 million of highly-rated bonds in a competitive sale next week.

The trustee firm in many recent troubled bond deals assembled by accused fraudster Christopher Brogdon is taking a harder line against the former employee it blames for its involvement in the mess.

Proposed changes to California's drought regulations would likely result in higher sales and better financial performance for water issuers in fiscal 2017, according to Fitch Ratings.

Hosting Super Bowl 50 injected $11.6 million into the San Francisco economy, according to the city controller.

Claire Seguin will serve as interim director of the Oregon Housing and Community Services Department, a major bond issuer in the state, beginning next month following the resignation of current director Margaret Van Vliet.

The Port of Oakland said today that containerized export volume increased 7% last month from a year ago, the fourth consecutive month of increases.

Citigroup's George Friedlander is sounding the alarm for the municipal market, warning that significant changes in technology will affect the economy in profound ways that many issuers may not be prepared for.

A one-day strike by the faculty of the San Francisco Community College District is a bad sign because it shows a strong resistance to the district’s efforts to balance its books, Moody’s Investors Service said Thursday.

California is spending big on water and sewer infrastructure, with multiple large deals from state and local issuers, including transactions with green bond certifications.

The Arizona legislature worked into early Wednesday morning to finish a controversial $9.6 billion budget package.

Oregon will sell more than $300 million of highly rated general obligation bonds in several tax-exempt and taxable series next week.

State budget conditions vary widely as of late fiscal 2016, with the overall picture getting better while states with less diversified economies face significant stress, Standard & Poor's said Wednesday.

The recent decision by the California State Teachers’ Retirement System to change its investment policy and reduce expected asset return volatility, is credit positive for California and its school districts , Moody's Investors Service said.

November’s election could create momentum for federal tax reform, said panelists at The Bond Buyer’s National Municipal Bond Summit.

Legislation to put California’s teacher pension fund on a more sustainable track could prove to be bitter medicine for some school districts and the state itself because of higher contributions.

Some $227 million of U.S. Virgin Islands (USVI) Water and Power Authority (WAPA) revenue bonds received downgrades from Fitch ratings Friday due to a “persistent strain” on the issuer’s liquidity.