Randall Jensen

Moody's hit 54 California city ratings with downgrades or downgrade reviews after a sector review launched after three California cities filed for bankruptcy.

Victorville, Calif. officials have rejected a compensation claim by bond underwriter Kinsell, Newcomb & De Dios for the costs of investigations into the city's finances and bond transactions.

California Gov. Jerry Brown's recent vetoes of bills designed to reintroduce tax-increment financing will likely postpone, rather than kill, the return of some form of redevelopment.

A judge ruled in favor of Oakland in its pursuit of alleged overpayments to retirees in a long-closed police and fire pension fund.

Standard & Poor's placed three series of BB-rated Hercules Public Finance Authority bonds on watch for a potential downgrade.

California Treasurer Bill Lockyer gauges the state is going to see a more than triple increase in new money general obligation bond sales this fiscal year compared to last.

The troubled city of Hercules, Calif., is facing a ticking debt-service clock as it banks on selling its utility in order to redeem bonds.

Moody's Investors Service removed general obligation bonds of the Commonwealth of Northern Mariana Islands from review and confirmed the speculative B2 rating.

Moody's Investors Service upgraded the Guam Power Authority's senior revenue bonds to investment grade.

Law firm Stradling Yocca Carlson & Rauth has added attorney Mary Kimura to its public finance practice in San Francisco.

The San Francisco Community College District is struggling to remain solvent and accredited, but holders of its $370 million of debt are well insulated.

Retail investors gobbled up nearly two-thirds of California's $1.55 billion general obligation bond sale.

The recent controversy over the way some California school districts use capital appreciation bonds may reflect the law of unintended consequences.

Atwater, Calif., a city of more than 28,000 in Merced County in California's Central Valley, is considering declaring a fiscal emergency that would allow it to file for bankruptcy

A Wenatchee, Wash. district is set to sell $49 million of bonds to clear up a $42 million default on bond anticipation notes for a sports arena.

California general fund revenues in August came in $138 million above forecasts in the adopted state budget.

Victorville staff have recommended that the City Council reject the claims by Kinsell, Newcomb & De Dios for their costs in dealing with probes by the Securities and Exchange Commission and the San Bernardino County grand jury stemming from bond deals involving KND.

Seattle City Council has reached a tentative agreement to build a $490 million NBA basketball and NHL hockey arena south of downtown.

California Controller John Chiang said recent audits of Hercules, Calif. found $50 million of questionable charges to its redevelopment agency.

California revenues came in $434 million higher in August than projections in the state's fiscal 2013 budget, according to Controller John Chiang.