Rich Saskal

ALAMEDA, Calif. — California's governor-elect, Jerry Brown, said Tuesday that he will keep Ana Matosantos as director of the Department of Finance.

ALAMEDA, Calif. — California’s budget deficit is so big, two governors are working on it.

ALAMEDA, Calif. — Alaska officials have nailed down their preferred location to build a $5 billion hydroelectric dam project that will require significant state subsidies and is also likely to utilize some form of municipal debt financing.

Nevada’s Economic Forum met Wednesday to make the formal projections budget writers will use to develop the next budget.

Governor-elect Neil Abercrombie Tuesday appointed Kalbert Young to head Hawaii’s Department of Budget and Finance.

ALAMEDA, Calif. — Moody’s Investors Service changed its outlook on Nevada’s Aa1 bond rating to negative from stable this week as the state prepared for a $233 million general obligation bond sale.

ALAMEDA, Calif. — Hawaii and Citi have announced a legal settlement that will allow the state to exit from its $869 million auction-rate securities portfolio within five years.

ALAMEDA, Calif. — Moody’s Investors Service upgraded Alaska to Aaa Monday, as the state prepares to sell $200 million of general obligation bonds.

ALAMEDA, Calif. — Washington state economist Arun Raha made life difficult for state budget writers last week by cutting more than $1 billion from his forecast for general fund revenue.

ALAMEDA, Calif. — Facing soaring yields in the tax-exempt bond market, California chopped more than $1 billion from its tax-exempt debt plans for next week, while upsizing today’s Build America Bond pricing by $750 million.

Drivers on the Highway 520 floating bridge over Lake Washington could be paying tolls by spring.

Nevada’s new governor will retain an experienced budget hand as he prepares to face the state’s gaping budget deficit.

With two newly elected Midwestern governors entering office on platforms opposing high-peed passenger train projects in their states, California Gov. Arnold Schwarzenegger is telling the federal government that he would be happy to take their money.

ALAMEDA, Calif. – With tax-exempt yields up dramatically this week, California said it would reduce next week’s planned tax-exempt issuance by more than $1 billion, while selling more taxables.

ALAMEDA, Calif. — A lawsuit filed Tuesday by opponents of California’s plans to sell 11 state office buildings for one-time revenue resulted in a one-day delay to the state’s plans to sell $12 billion of notes and bonds this week.

ALAMEDA, Calif. — California delayed Wednesday’s scheduled institutional pricing of $10 billion in revenue anticipation notes until Thursday, citing a late-breaking lawsuit challenging part of the recently adopted state budget, which will require updates to the bond offering documents.

ALAMEDA, Calif. — California Gov. Arnold Schwarzenegger announced plans to call a special session of the Legislature to deal with the state’s budget deficit when its new members are sworn in Dec. 6.

ALAMEDA, Calif. — The war between California’s state and local governments over money is probably not over — and may be exacerbated by the grim budget picture painted this week by the Legislative Analyst’s Office.

The Guam Waterworks Authority priced $118 million in speculative-grade revenue bonds Tuesday.

The redevelopment agency in Santa Clara voted Tuesday to retain KNN Public Finance to consult on financial matters related to the city’s ongoing efforts to negotiate a development agreement for building a stadium for the National Football League’s San Francisco 49ers.