- Oregon
Fitch Ratings has withdrawn its ratings on $125 million of Oregon Bond Bank bonds.
February 24 - California
Moody's Investors Service has placed the California Housing Finance Agency's home mortgage revenue bonds' A3 unenhanced rating on watch for possible downgrade, which could affect $6.2 billion of outstanding debt.
February 24 -
SAN FRANCISCO — A Superior Court judge in California has denied a lawsuit brought by a public employees' union that sought to block a plan for a public-private partnership to rebuild a road linking San Francisco and the Golden Gate Bridge.
February 22 - Oregon
SAN FRANCISCO — A long-debated plan to build a 600-room hotel next to the Oregon Convention Center in Portland may be rising from the grave.
February 18 - Oregon
Oregon’s Office of Economic Analysis has increased its revenue forecast for the state’s general fund by $3.3 million to $12.4 billion on the back of rising tax collections.
February 17 -
SAN FRANCISCO — Southern California’s Borrego Water District has defaulted on $9.5 million of special-tax bonds owned by Nuveen Asset Management.
February 16 -
SAN FRANCISCO — Los Angeles Mayor Antonio Villaraigosa’s plan to lease city garages to private investors to raise money that would close a year-end budget hole and defease bonds is on the rocks.
February 14 - California
SAN FRANCISCO — San Diego has shifted $215 million of future debt payments for its ballpark to its redevelopment agency in an effort to skirt the governor’s proposal to help fix a budget crisis by closing RDAs.
February 11 -
Standard & Poor’s has revised its outlook on outstanding University of Southern California debt to stable from negative because the school has maintained solid finances.
February 10 - Oregon
SAN FRANCISCO — Oregon Gov. John Kitzhaber is banging the drum for a program to boost energy efficiency in schools, possibly paid for with bonds backed by the cost savings.
February 10 - Oregon
SAN FRANCISCO — Oregon’s treasurer has proposed $280 million in debt capacity for the next two-year budget to help finance economic development projects.
February 4 - California
Sacramento will have to increase its annual contribution to the California Public Employees Retirement System by $5 million this year because of investment losses by Calpers in 2008, according to local media.
February 3 -
Fitch Ratings Tuesday downgraded $75 million of bonds issued for the University of Redlands by three notches because of dire finances.
February 3 - California
SAN FRANCISCO — Anschutz Entertainment Group is pushing a $1 billion plan to build a football stadium and events center in downtown Los Angeles that could involve hundreds of millions of dollars of new debt and the retirement of outstanding bonds.
February 2 - Oregon
SAN FRANCISCO — Oregon Gov. John Kitzhaber unveiled a balanced budget proposal Tuesday for fiscal years 2012 and 2013 that reduces general-fund supported general obligation bond sales by 80% from the prior biennial spending cycle.
February 1 -
SAN FRANCISCO — Union workers are poised to fight a bankruptcy-exit proposal from Vallejo that has the California city paying them as little as 10 cents on the dollar.
January 31 -
SAN FRANCISCO — Victorville is in the hot seat.The city in Southern California’s high desert is facing a Securities and Exchange Commission probe into bond sales, a grand jury investigation into its finances, and inquiries from neighboring communities about its curious bond-financing practices.
January 27 - California
Moody’s Investors Service has downgraded Stockton’s issuer rating to A1 from Aa3 because of its tight budget position.
January 27 -
SAN FRANCISCO — Vallejo, Calif., has reached a tentative agreement with Union Bank that pays the bankrupt city’s largest creditor roughly 60 cents on the dollar.
January 26 -
SAN FRANCISCO — Pension liabilities have tripled from a year ago due to investment losses, siphoning scarce funds from San Francisco at a time when elected officials are already facing a $360 million budget shortfall.
January 24

