Randall Jensen

Moody’s Investors Service has downgraded the San Joaquin Hills Transportation Corridor Agency’s rating to B1 from Ba2 after the agency completed a restructuring of its debt.

California Controller John Chiang has said he will withhold lawmakers’ salaries if they fail to pass a balanced budget by June 15.

Lawmakers in the California Senate have approved a bill that will allow counties to raise and collect vehicle license fees.

SAN FRANCISCO — Moody’s Investors Service downgraded the long-term underlying rating on the California Housing Finance Agency’s home mortgage revenue bonds to Baa1 from A3, affecting $5.7 billion of outstanding debt.

SAN FRANCISCO — Citi said in a report released Monday that long-dated capital appreciation bonds issued by California school districts offer an opportunity for investors despite concerns about education funding. The zero-coupon bonds are cheap when compared to current coupon securities, the firm said.

SAN FRANCISCO — Washington State lawmakers have passed a budget that closed an almost $5 billion hole for the upcoming two fiscal years and includes a compromise on reducing the debt limit.

SAN FRANCISCO — Stockton may not exactly be the next Vallejo, but similarities between the two California cities have started people talking.

Moody’s Investors Service placed $6.7 billion of Aaa-rated municipal debt backed by the federal Bonneville Power Administration under review for possible downgrade Wednesday.

Standard & Poor’s this week said California may have trouble accessing the municipal market for its revenue anticipation notes without a balanced budget.

Dale Bonner, the former California secretary of business, transportation, and housing, has started a new firm to focus on public-private partnerships.

San Francisco voters are leaning in favor of a $248 million bond measure to fund street repair, according to a city-commissioned poll.

Moody’s Investors Service has affirmed the A1 rating and stable outlook on California’s general obligation bonds with the expectation of an on-time budget.

SAN FRANCISCO — A federal judge in California has ruled that the city of Alameda did not commit securities fraud in a deal with Nuveen Investments even if it may have intentionally misled bondholders.

The Washington House of Representatives passed a $2.8 billion capital budget Wednesday that includes $1.1 billion in bond sales over two years.

Oregon Treasurer Ted Wheeler said the state saved $26 million in interest costs during a recent deal due mainly to recent legislation.

Fitch Ratings said in a report this week that California’s financial future remains clouded despite recent budget progress.

San Jose Mayor Chuck Reed has called on the City Council to declare a fiscal emergency in an effort to reduce pension and retiree health benefits.

San Francisco Mayor Edwin Lee Tuesday unveiled a proposed charter amendment to reform city employee pension and health benefits.

SAN FRANCISCO — No redevelopment agencies? No problem.

SAN FRANCISCO — Six former partners at K&L Gates have left the firm to form a new public finance law firm, Pacifica Law Group LLP.