Randall Jensen

Washington’s treasurer said the state garnered $83 million in present-value savings from its Wednesday sale of general obligation refunding bonds, more than 50% larger than any previous refinancing.

California Attorney General Jerry Brown said Wednesday the state will sue eight council members and former officials of the city of Bell for the return of hundreds of thousands of dollars of “unwarranted” salaries.

SAN FRANCISCO — The San Diego County Regional Airport Authority will sell $417 million of subordinate-lien bonds next week to fund part of a $1.4 billion overhaul at San Diego International Airport.

Fearing a national precedent may be set that could affect billions of dollars of municipal debt across the country, the National Federation of Municipal Analysts has filed a brief in Vallejo, Calif.’s bankruptcy case.

Washington will sell $786 million in general obligation bonds Wednesday in a deal that has grown nearly a quarter in response to market hunger for tax-exempt paper.

SAN FRANCISCO — St. Louis-based Stern Brothers & Co. announced the opening of two new public finance offices Monday in Sonoma, Calif., and Reno, Nev., as part of a plan to double in size the next two years.

MENLO PARK, Calif. — The University of California will sell $670 million of mostly taxable Build America Bonds next week, its largest foray into the market this year, to help pay for campus upgrades.

Moody’s Investors Service assigned an A2 rating to the Trinity Public Utilities District’s upcoming $18 million issue of electric revenue bonds.

Moody’s Investors Service downgraded $80 million of Alaska Industrial Development and Export Authority rental car facility revenue bonds to Baa1 from A3 with a negative outlook, amid falling rentals at Ted Stevens Anchorage International Airport.

MENLO PARK, Calif. — Sacramento’s sanitation district may be forced by California to spend more than $2 billion to raise its wastewater purification standards to comply with more stringent environmental rules.

MENLO PARK, Calif. — Alaska’s state airport authority will sell $174 million of tax-exempt paper next week to pay for debt refunding and runway repairs, according to a state official.

MENLO PARK, Calif. — An independent study calls for California to overhaul management of its water supply system and give a newly created commission oversight of billions of dollars of bond money.

MENLO PARK, Calif. — California veterans general obligation bonds Thursday landed a ratings upgrade to Aa2 from Moody’s Investors Service, affecting $1.17 billion of outstanding debt.

Montana’s budget is running in the black, unlike many states crippled by the sluggish economy, but the state still will have to make stiff cuts to maintain its balanced budget as tax collections fall, Gov. Brian Schweitzer said Wednesday.

Half Moon Bay, like many cities in California, has been struck with falling revenue and high costs amid the dour economy.

MENLO PARK, Calif. — The Reno City Council meets next week to discuss how the Nevada city can avoid defaulting on bonds backed by a lease with a defunct casino.

MENLO PARK, Calif. — Oregon’s budget woes have worsened with the state economist’s office forecasting a more than 3% drop in revenue due mainly to a dearth in tax collections.

MENLO PARK, Calif. — The Southern California Public Power Authority Tuesday priced $525.6 million of revenue bonds that will be used to secure power from a wind farm in Washington State.

Honolulu Seawater Air Conditioning LLC is moving forward with public financing for a project that will suck cold water from ocean depths to cool Honolulu's downtown, providing energy savings from a renewable source.

Moody's Investors Service placed Fresno Pacific University's Ba2 rating on a watchlist for a possible downgrade.