Randall Jensen

A new push is on in California to readdress whether some nonprofit hospitals deserve their tax-exempt status.

Oregon City, Ore. voters will decide on a measure to require voters to approve future bonds funded by urban renewal districts.

Moody's Investors Service downgraded North Las Vegas, Nev. to Baa2 from A3 due to the city's ongoing financial problems.

Fitch Ratings affirmed its AA-minus rating on Bay Area Toll Authority senior toll bridge revenue bonds in a report on $305 million of BATA debt set to be reoffered next month.

California State Controller John Chiang said Monday revenues in July came in $475 million below estimates in the state budget.

California plans more than $2 billion in GO bond sales this fall, including $1.6 billion Sept. 25.

JPMorgan wants California's Peralta Community College District to make good on a type of refinancing that may now be illegal, according to a complaint filed Monday.

Piper Jaffray & Co., Foster Pepper PLLC and K&L Gates LLP may reduce fees to settle over legal claims tied to Wenatchee $42 million note default.

Stockton, Calif.'s bond insurers are contesting the city's bankruptcy filing, saying it is unfairly targeting bondholders while asking nothing from its largest unsecured creditor, the California Public Employees' Retirement System.

California's Ran sale will be almost twice as large as its 2011 note sale, as the state's normally uneven cash-flow schedule has an additional layer of uncertainty because of a November tax ballot measure.

Seattle-area voters appeared to have approved two property tax measures to help improve facilities and operations amid tight budgets.

Washington saved $74 million this week by refunding more than $700 million of general obligation bonds in two competitive sales, officials said.

Standard & Poor's said Wednesday it has downgraded San Bernardino Joint Powers Financing Authority housing tax allocation bonds to BBB from A-minus due to the city declaring bankruptcy.

A bill that would change California's municipal bankruptcy law again appears to have stalled without support from the Democratic majority leadership in the state Senate.

The judge in Stockton's bankruptcy case has denied an injunction that would have kept the city from cutting retiree medical benefits during the Chapter 9 process.

Moody's Investors Service said in a note Monday that California should be able to handle the potential loss of hundreds of millions of dollars from a depressed Facebook stock price.

The recent bankruptcy filings of Stockton and San Bernardino share a common element — both troubled California cities target pension obligations bondholders for sizable haircuts.

California has confirmed the state is set to sell $10 billion of revenue anticipation notes during the week of Aug. 13.

Two former Lynwood, Calif., council members have been convicted of corruption for alleged illegal use of public funds.

Standard & Poor's said in a report Wednesday it has assigned an SP-1-plus rating to California's $10 billion revenue anticipation note sale scheduled for the week of Aug. 13.