Rich Saskal

ALAMEDA, Calif. — A California Senate committee has approved a watered-down version of a bill designed to make it harder for cities or other local agencies to file for Chapter 9 municipal bankruptcy.

The Assembly’s Democratic majority Tuesday announced its plan for the state’s fiscal 2011 budget — and it includes $8.7 billion in bond borrowing to get through the year.

Los Angeles Mayor Antonio Villaraigosa Wednesday celebrated the completion of a $737 million project to renovate the Tom Bradley International Terminal at Los Angeles International Airport.

LOS ANGELES — The first public-private partnership project under a program championed by California Gov. Arnold Schwarzenegger recently cleared a major procedural hurdle, though questions remain over whether the Presidio Parkway project is the right way to use P3s.

ALAMEDA, Calif. — The ranks of California issuers filing civil suits in connection with an alleged bid-rigging conspiracy for guaranteed investment contracts continues to grow.

ALAMEDA, Calif. — Murphy ­McCalley has joined Bank of America Merrill Lynch as a director in its transportation group, the firm announced Friday.

ALAMEDA, Calif. — The San Francisco Public Utilities Commission this week will bring its wastewater credit to the market for the first time in seven years.

ALAMEDA, Calif. — Washington plans to bring its largest-ever bond sale to market Tuesday, when it is scheduled to price $1.1 billion of motor vehicle fuel-tax general obligation bonds.

Gov. Ted Kulongoski announced his appointment of Treasurer Ted Wheeler as Oregon’s official representative and head of a delegation on a trade mission to China that departed Wednesday morning.

Moody’s Investors Service raised the debt rating of Hawaii Pacific Health to A3 from Baa1, citing four years of improved operating performance and a greatly simplified debt structure.

Fitch Ratings has downgraded its underlying rating for the Foothill/Eastern Transportation Corridor Agency’s toll revenue bonds to BBB-minus from BBB.

ALAMEDA, Calif. — Gov. Arnold Schwarzenegger has correctly identified the scope of California’s $17.9 billion budget deficit, according to the state’s independent Legislative Analyst’s Office, which disagreed with some of his proposed solutions in a report released Tuesday.

ALAMEDA, Calif. — California’s Bay Area Toll Authority will hit the market next month with a hefty Build America Bond deal.

ALAMEDA, Calif. — California Gov. Arnold Schwarzenegger delivered his May budget proposal Friday afternoon, addressing a $17.9 billion deficit by proposing wholesale elimination of key social welfare programs, with no tax increases.

There was good news in Washington’s monthly revenue report released Tuesday.

Oregon Gov. Ted Kulongoski’s chief of staff, Chip Terhune, is departing for the private sector, the governor announced Tuesday.

Ambac Assurance Corp. will appeal a Nevada bankruptcy judge’s ruling that the Las Vegas Monorail Co. was entitled to file for bankruptcy under Chapter 11.

While mortgage performance in California is not substantially different than that of the U.S. as a whole, a closer look reveals dramatic differences among the state’s regions, according to a study by Fitch Ratings, announced Tuesday.

ALAMEDA, Calif. — What’s that sound you hear? Probably California’s budget problems hitting the fan again.

ALAMEDA, Calif. — A California appeals court has denied a bid by redevelopment advocates for a temporary stay to block implementation of a recent court ruling that allows the state to shift more than $2 billion from local redevelopment agencies to help balance the state budget.