Randall Jensen

Uncertainty over what happens next for redevelopment agencies in California has prompted Moody's Investors Service to downgrade $11.6 billion of tax allocation bonds.

When broker-dealers give money to California school bond campaigns, it appears to be money well spent.

SAN FRANCISCO — An Oregon panel that advises policymakers on debt said in a report Wednesday that the state's borrowing options will remain "highly constrained" in the near future.

California Controller John Chiang said December revenues came in $165 million below the projections in the governor’s proposed fiscal 2013 budget.

Republican lawmakers in California have introduced a bill that would block the state from selling bonds for a planned high-speed rail system.

California’s nonpartisan Legislative Analyst’s Office said in a report Wednesday that revenue estimates are a bigger “question mark” than usual in Gov. Jerry Brown’s proposed fiscal 2013 budget.

SAN FRANCISCO — Washington Gov. Christine Gregoire asked lawmakers Tuesday to put a temporary sales-tax increase measure before voters and pass $3.6 billion of transportation spending.

SAN FRANCISCO — An eastern Washington public facilities district that defaulted on $42 million of notes last month is scrambling for ways to pay investors.

States face continued austerity this year even as their credit should remain stable, Standard & Poor's says.

Standard & Poor's has raised Alaska's general obligation debt rating to AAA from AA-plus because of a change in the state's financial management methods.

Standard & Poor's has raised Alaska's general obligation debt rating to AAA from AA-plus because of a change in the state's financial management methods.

California Gov. Jerry Brown's new budget proposes about $5 billion of general obligation bond sales this year, an increase of 18% from last year, when the state borrowed relatively little.

California Gov. Jerry Brown announced a $92.5 billion fiscal 2013 budget Thursday that tackles a projected deficit of $9.2 billion with taxes and cuts.

The California Supreme Court rang the death knell for the state's redevelopment agencies, sparking questions about how their existing obligations will be met.

Moody’s Investors Service has revised the outlook on the University of Washington’s Aaa general obligation bond rating to stable from negative.

A peer review panel has recommended California hold off on borrowing billions of dollars for its estimated $98 billion high-speed passenger rail project.

The Southern California Logistics Airport Authority has defaulted on more bonds after discovering it can't use reserves to make principal payments for some of its debt.

A federal judge Wednesday denied a request by Citigroup to overturn a $54 million Financial Industry Regulatory Authority arbitration panel ruling in favor of investors for allegedly telling them that leveraged municipal bond arbitrage hedge funds posed little risk.

A small public utilities district in California is trying to prevent its doors from closing after voters exercised their authority to lower their water rates below what district officials say is needed to sustain operations.

The Washington Department of Transportation is set to begin tolling on the State Route 520 floating bridge on Dec. 29.