Randall Jensen

SAN FRANCISCO - A California health care district is swaying once again on the edge of bankruptcy after emerging from Chapter 9 protection only three years ago.

The California Supreme Court said it will hear arguments Nov. 10 in San Francisco in a case that will likely decide the future of redevelopment agencies in the state.

Gov. Jerry Brown says he will be proposing specific reforms to California’s pension system.

SAN FRANCISCO - Lower-than-expected revenues could trigger budget cuts in California this year, with one rating agency saying that the revenue outlook is a credit negative.

SAN FRANCISCO - San Francisco has started a program to finance energy efficiency in commercial buildings through loans backed by property taxes.

Fitch Ratings has placed $1.7 billion of San Jose Redevelopment Agency tax allocation bonds on rating watch negative.

California’s budget situation became more precarious this week after revenues again fell short of projections in the budget.

Anchorage will drop its lawsuit against the Knik Arm Bridge and Toll Authority, which is proposing a controversial public-private toll bridge project, according to published reports.

SAN FRANCISCO - California Gov. Jerry Brown has signed one budget reform bill and vetoed another, while hinting that more change is on the way.

SAN FRANCISCO - California Gov. Jerry Brown has signed legislation imposing new requirements local governments must meet before declaring bankruptcy.

SAN FRANCISCO - California has received a favorable private-letter ruling from the Internal Revenue Service that will allow it to remarket Build America Bonds this month while keeping the federal subsidy.

SAN FRANCISCO - Washington State will sell $1.29 billion of general obligation bonds next week, its largest deal ever, partly to finance a new floating bridge.

Standard & Poor’s has downgraded the Cascade Medical Center in Chelan County to BBB-minus from BBB.

San Francisco’s Redevelopment Commission has appointed Tiffany Bohee as interim director of San Francisco Redevelopment Agency, replacing outgoing director Fred Blackwell.

California Gov. Jerry Brown Tuesday signed a bill that will strengthen the state auditor’s oversight of local governments in the wake of the scandal surrounding the city of Bell.

SAN FRANCISCO - Moody's Investors Service said the San Jose Redevelopment Agency's $1.7 billion of outstanding senior bonds could suffer should the RDA be forced to default on a floating-rate bond issue.

SAN FRANCISCO - California Gov. Jerry Brown has vetoed legislation that would have helped the San Jose Redevelopment Agency avoid a $100 million default.

SAN FRANCISCO - California Treasurer Bill Lockyer said in a report Friday that the state will face ongoing budget challenges over the next decade as it grapples with rising debt costs.

Standard & Poor’s maintained the BBB-plus rating on the California State Public Works Board’s lease revenue bonds ahead of its upcoming sale.

The Metropolitan Transportation Commission and the Bay Area Toll Authority voted Wednesday to try to buy an office building in San Francisco using bridge toll dollars despite a pending audit.