Randall Jensen

California Republican lawmakers have called for a vote by a pension committee on Gov. Jerry Brown's plan to curb retirement benefits.

The Alaska Senate passed a a $2.6 billion capital budget Wednesday that includes $450 million of bonds.

Standard & Poor’s said Wednesday it has downgraded San Jose’s general obligation rating to AA-plus from AAA due to the city’s weak finances.

SAN FRANCISCO — Washington lawmakers passed a supplemental budget, finishing a marathon session early Wednesday morning after weeks of deadlock.

SAN FRANCISCO — Washington lawmakers passed a supplemental budget, finishing a marathon session early Wednesday morning after weeks of deadlock.

Alaska Railroad Corp.'s $135 million of bonds backed by federal transportation funds have been endangered by recent legislation. That risk prompted Moody's Investors Service to downgrade the debt on Thursday to A2 from A1.

SAN FRANCISCO — Two conduit bond issuers run by private firms appear to be the only entities out of thousands of government agencies in California that do not have to disclose any employee salaries.

California Controller John Chiang has ordered an investigation into Stockton's finances following the city's admission of accounting mistakes.

SAN FRANCISCO —The projected price tag for California's planned high-speed rail system between San Francisco and Los Angeles has been cut by a third.

SAN FRANCISCO — California Treasurer Bill Lockyer is sending another legislative broadside at conduit issuers run by private companies.

The Alaska Railroad faces a big budget cut from the U.S. Senate that could potentially put railroad bonds in jeopardy, news reports say.

Alaska’s Knik Arm bridge project has run into hurdles in the Legislature over $150 million of early funding for the controversial public-private toll crossing.

Stockton, Calif., and its creditors have selected a former bankruptcy judge as mediator to handle restructuring talks meant to help the city avoid bankruptcy.

SAN FRANCISCO — San Jose officials said Monday's downgrade of its lease revenue bonds by Moody's Investors Service will cost the city more than $350,000 a year.

Moody's Investors Service has further downgraded Stockton, Calif.'s bonds on the likelihood of more defaults and haircuts for bondholders.

California last year slipped to second place from its long-standing throne as the largest issuer in the country. And for good reason: it's trying to get its fiscal house in order.

SAN FRANCISCO — Wenatchee, Wash., and a local public facilities district hope to sell bonds to resolve a $42 million default on notes used to fund a public arena.

Three bills are moving through the California Legislature that attempt to clean up the process of unwinding the state's redevelopment agencies.

SAN FRANCISCO — Stockton, Calif., said it will negotiate with 18 creditors that have interests above $5 million during mediation meant to help the city restructure its debts to avoid bankruptcy.

Washington state lawmakers still haven’t come up with a budget to close a $1 billion deficit after a special session that lasted more than a week.