Randall Jensen

Two Democratic state senators in Washington, Rodney Tom and Tim Sheldon, defected from their caucus to hand control to Republicans.

A California lawmaker introduced a bill this month that would put a state school construction bond proposition on a ballot in 2014.

Moody's Investors Service cut Fresno, Calif.'s sewer revenue bonds one notch to A1 from Aa3 because of the city's financial problems.

California November tax revenues in November were more than 10% below budget estimates partly due to lower than expected collections from Facebook share sales, according to Controller John Chiang.

Rialto, Calif. will turn over its water and sewer utilities to a public-private partnership in a deal that will see the municipal debt associated with those deals retired.

Two California lawmakers have proposed constitutional amendments to lower voter thresholds for local tax and bond measures.

California's finances are improving in the wake of two revenue-generating ballot propositions passed last month, and more fiscal reforms would be "viewed positively," according to Fitch Ratings.

California¹s cash flow has improved enough to allow to the state to release more funds than it planned to schools, local governments and other programs.

Dinuba, Calif., will be the first municipality to issue refunding bonds for debt issued by a redevelopment agency in the state since they were dissolved last year.

Moody's Investors Service downgraded the Beaverton, Ore. school district’s underlying unlimited tax general obligation bond rating to Aa2 from Aa1.

California's general obligation bond yields have tightened against top-rated municipal debt since the November election, partly amid investor speculation the state's credit rating may be raised.

Judge dismisses bankruptcy case after Mammoth Lake, California reaches a settlement over $43 million owed to a developer, its largest creditor.

The Southern California Logistics Airport Authority said another round of defaults on its debt is on the horizon.

West Coast states and British Columbia, have formed a first of its kind partnership to cooperate on financing public infrastructure projects through private investors.

California’s October revenues came in higher than budget estimates, according to both the State Controller’s Office and the Department of Finance.

California's nonpartisan Legislative Analyst's Office said in a report Wednesday it forecasts the state will face a $1.9 billion budget deficit for the next fiscal year.

The small Mendocino Coast Health Care District in Northern California has filed for Chapter 9 bankruptcy protection.

California's non-partisan Legislative Analyst said the state's use of public-private partnerships has fallen short by using unclear processes and picking unsuitable projects.

Seattle voters overwhelmingly authorized $290 million of 30-year bonds to help rebuild part of the city’s seawall and downtown piers.

A large majority of Portland Public Schools voters approved a $482 million bond measure to fund facility upgrades.