Randall Jensen

SAN FRANCISCO — Vallejo City Council members are weighing a contentious budget plan as the California city struggles to emerge from Chapter 9 bankruptcy.

SAN FRANCISCO — Moody’s Investors Service Wednesday downgraded San Francisco’s general obligation rating to Aa2 from Aa1, mainly due to the city’s weak short-term finances.

SAN FRANCISCO — The big ­question in Oregon is whether the two political parties will be able to put their differences aside long enough to tackle the state’s $3 billion ­budget hole.

SAN FRANCISCO — A public employee union is suing to block a California public-private partnership that would design, build, operate, and maintain a six-lane link between San Francisco and the Golden Gate Bridge.

SAN FRANCISCO — San Jose, Calif., has been forced to piece together bank backing for short-term notes that have helped pay for a more than $1 billion airport terminal.

SAN FRANCISCO — The San Francisco Municipal Transportation Agency is inching closer to becoming a bond issuer and could offer its first deal as early as next year.

SAN FRANCISCO — California issuers are unleashing a torrent of bonds this week — about $3.6 billion of debt.

Vallejo, Calif., City Council members will weigh a plan to emerge from bankruptcy later this month, but the city is still likely more than half a year away from exiting the largest municipal bankruptcy in more than a decade.

Democrat John Kitzhaber will be back to serve another term as Oregon governor.

City Council members of the scandal-plagued city of Bell voted unanimously Tuesday to hold a special election for their own recall.

SAN FRANCISCO — The University of California will sell $760 million of mostly taxable Build America Bonds next week to help finance upgrades to three medical centers.

SAN FRANCISCO — California cities and counties could conceivably issue clouds of bonds backed by more than $1 billion a year in marijuana-related tax revenue if Proposition 19 passes Tuesday, transforming a decades-old pipe dream into reality.

Los Angeles Mayor Antonio Villaraigosa Wednesday announced a second pension reform plan following City Council approval of reform of safety personnel pensions.

SAN FRANCISCO — Chevron Corp., the second-largest integrated oil company in the United States, will benefit from a record amount of tax-exempt recovery zone facility bonds next month to upgrade the biggest refinery in the lucrative California energy market.

SAN FRANCISCO — The syndicate picked to design, build, finance, operate and maintain California’s first public-private partnership, the Presidio Parkway project, plans to partly fund the link to the Golden Gate Bridge with $150 million of private-activity bonds.

SAN FRANCISCO — California’s Bay Area Toll Authority will sell $800 million of taxable and tax-exempt debt this week to help fund massive modernization projects that include replacement of the eastern span of the San Francisco-Oakland Bay Bridge.

California’s controller disclosed more financial problems Wednesday in the scandal-ridden city of Bell.

Los Angeles Mayor Antonio Villaraigosa announced Monday a pension reform proposal for new police and firefighters that he said would save the city $173 million for every 1,000 new cops and firefighters hired.

SAN FRANCISCO — The University of Oregon hopes to get the green light for a novel plan to sell $800 million of bonds to help create an endowment that would pay for the school’s expenses and reduce its reliance on state funding, according to its president.

SAN FRANCISCO — State and local transportation agencies have penciled in the winning bid to design, build, finance, operate and maintain the Presidio Parkway Project, California’s first public-private partnership.