Randall Jensen

Contra Costa County’s pension system is suing the county over wage and benefits cuts for the system’s managers.

California completed a restructuring of its commercial paper program that resulted in a downgrade to one subseries of notes.

Washington Gov. Chris Gregoire planned to sign a bill Tuesday that would resolve about one-quarter of the state's $2 billion budget deficit.

Public finance law firm Hawkins Delafield & Wood LLP has opened a new office in Portland, Ore., after K&L Gates' public finance group in the city jumped over to the firm.

After an arena in Washington State defaulted earlier this month, investors still got paid, but it is unclear who made the mistake.

Standard & Poor's said California's midyear budget cuts are a credit positive, but its efforts to improve its budget through those cuts could be undermined if the cuts are thwarted.

California Gov. Jerry Brown has solid early support for his initiative scheduled for the November ballot to temporarily raise sales taxes and taxes on the wealthy.

California Treasurer Bill Lockyer resigned from the Stanford Institute for Economic Policy Research pension advisory panel in protest over a study it released.

The Securities and Exchange Commission is investigating the Greater Wenatchee Regional Events Center Public Facilities District in Washington after it defaulted on $42 million of notes.

California Gov. Jerry Brown announced Tuesday the state will make almost $1 billion of midyear cuts after revenue forecasts landed well short of projections baked into the current budget.

Washington lawmakers are considering a bipartisan plan that would reduce the state's $2 billion budget shortfall by about one-quarter.

U.S. Bank is clawing back debt-service payments it erroneously paid investors after a public arena in eastern Washington defaulted.

California's tax collections jumped nearly $500 million in November above projections in the state budget, but revenue still remains well below budget estimates, according to the state controller.

Santa Clara, Calif., is considering using one of the largest public subsidies ever to help finance a $1.02 billion stadium for the National Football League's San Francisco 49ers.

A bill meant to rescue a Wenatchee public arena from its default on $42 million of notes passed the Washington House Monday. But the measure appeared to lack the votes to pass the Senate during the special session that lasts until Christmas vacation.

Three California taxpayer associations have filed a ballot initiative to cap state spending.

The San Jose City Council Tuesday moved a step closer to a pension reform ballot measure.

California Gov. Jerry Brown unveiled a ballot initiative to temporarily raise the top income tax rate on individuals to as much as 12.3% - making it the highest in the country - as part of an effort to raise nearly $7 billion annually.

California's Golden State Tobacco Securitization Corp. has been forced to draw $12 million out of its reserves to make its Dec. 1 interest payment.

SAN FRANCISCO — Standard & Poor's said it downgraded the short-term rating on debt issued by a public arena in Wenatchee, Wash., to D from SP-3 after a $42 million default.