Randall Jensen

An annual report by Oregon's State Debt Policy Advisory Commission urges lawmakers to take 'great caution' when using the state's debt capacity over the next two-year budget cycle.

University of California President Mark Yudof has said he will step down as head of the 10-campus system at the end of August.

Washington will competitively sell a combined $1.2 billion of general obligation bonds Wednesday into a market ready for a big deal during a down month.

California's Department of Education head Tom Torlakson joined Treasurer Bill Lockyer in a fight to curb the sale of high-cost capital appreciation bonds, calling for a moratorium.

A bipartisan coalition of two Washington Democratic state senators and 23 Republican senators took majority control this week.

Alaska Gov. Sean Parnell proposed legislation this week to overhaul the state oil tax structure.

California's legislative watchdog has commended Gov. Jerry Brown for his balanced budget proposal that also attempts to rein in general obligation bond borrowing.

Oregon will sell $245 million of general obligation debt this week as low rates draw out taxable, second refinancings.

Frenso, Calif. has become home to one of only a handful of pilot projects that plan to use so called "social impact bonds."

California Gov. Jerry Brown released a $98 billion spending plan Wednesday with no sign of a deficit, incorporating plans for a new structure for transportation bonds.

California Department of Veteran Affairs' $1.23 billion of general obligation and revenue debt will remain rated AA-minus by Fitch Ratings, and they will also keep a negative outlook.

California's revenues for December came in more than 1% above estimates in the budget, according to Controller John Chiang.

Alaska will sell $164 million of bonds next week after getting an upgrade to AAA by Fitch. The state now has triple-A ratings across the board.

Moody¹s Investors Service has kept its short-term ratings on $185 million of East Bay Municipal Utility District revenue bonds after a change in standby bond purchase agreements.

California Gov. Jerry Brown will push to change school funding this year, according to reports.

California Gov. Jerry Brown is tentatively set to release his budget blueprint for the next fiscal year early this month.

Newly empowered with supermajorities in both houses of the Legislature, some California Democrats have introduced legislation that would increase borrowing and make taxing easier.

Bonds sold by Santa Cruz County's redevelopment agency could still be downgraded because of a dispute with the California Department of Finance over redevelopment revenue, according to Fitch Ratings.

California revenues in November were $840 million below the forecast in the state's budget mainly due to lower tax collections from Facebook's initial public offering, according to the Department of Finance.

Bond market creditors filed final legal challenges on Friday to Stockton, Calif.'s petition for bankruptcy protection, laying the groundwork for a potentially precedent-setting legal battle.