Randall Jensen

California's Business, Transportation & Housing Agency is in the early stages of a plan to remake the state's infrastructure investment market, with a clear focus on public-private partnerships.

The Asian Art Museum in San Francisco faces a deepening financial crisis as its bond rating has been downgraded to junk due to accelerated payments on $120 million of debt.

SAN FRANCISCO — Oakland is eying a controversial plan to sell bonds to help extend a “holiday” from paying growing public-safety pension liabilities, a return to a strategy the city invented 25 years ago.

SAN FRANCISCO — The bankrupt city of Vallejo, Calif., will be losing its top two finance officials.

San Bernardino County held a groundbreaking ceremony Wednesday for the expansion of a maximum-security jail funded partly with lease-revenue bonds created by state legislation.

Fitch Ratings downgraded the underlying rating on Fresno’s $58 million of airport revenue bonds to BBB from BBB-plus.

San Francisco officials are pushing ahead with a controversial plan to charge a toll to motorists entering and the exiting the city's downtown during peak hours.

The San Francisco Public Utilities Commission will likely sell $523 million of mostly Build America Bonds Wednesday after delaying the deal a week due to a slumping market.

SAN FRANCISCO — A judge here ruled Friday California can proceed with a $2.3 billion sale and leaseback of 11 government-owned office buildings.

An Alaska state loan agency approved a controversial deal last week to sell up to $20 million in bonds to finance a new prison-sewer project.

SAN FRANCISCO — Nestled in the Redwood-studded hills north of San Francisco, Marin County has been home to the likes of Brad Pitt and Jerry Garcia.

The San Francisco Public Utilities Commission postponed a competitive sale Wednesday of $523 million of mostly Build America Bonds by at least a week due to the slouching market.

The Natomas Unified School District in Sacramento County, Calif., missed a deadline last month that triggered the process for a state bailout.

SAN FRANCISCO — The city attorney of San Francisco has sent a shot across the bow of both JPMorgan Chase & Co. and MBIA in the form of threatening letters over their involvement in the Asian Art Museum’s financial crisis.

SAN FRANCISCO — Outgoing Oregon Gov. Ted Kulongoski has pitched an austerity roadmap to help rescue the state from a $3.5 billion shortfall for the upcoming two-year budget.

Standard & Poor’s changed its outlook on the Daughters of Charity Health System to negative due to ongoing losses.

VALLEJO — The Vallejo City Council unanimously approved a financial blueprint Tuesday night to exit California’s largest municipal bankruptcy in more than a decade.

SAN FRANCISCO — City Council members in Vallejo, Calif., will judge a long-term budget plan Tuesday that outlines a way for the bankrupt city to crawl back into the black.

SAN FRANCISCO — The Asian Art Museum is struggling to recover its financial footing while renegotiating its debt with creditors.

The scandal-plagued city of Bell agreed to appoint a monitor to oversee its operations and finances.