Rich Saskal

ALAMEDA, Calif. — Nevada received its second downgrade of the month Thursday when Moody’s Investors Service dropped its general obligation bonds to Aa2 from Aa1.

ALAMEDA, Calif. — California’s budget negotiations appear to be building to a crescendo, raising the possibility that there may be a decision soon on proposals to extend temporary state taxes and to eliminate redevelopment agencies.

Hawaii’s Council on Revenues has scheduled an emergency meeting for Tuesday in the wake of the earthquake and tsunami disaster in Japan.

Less than five years after it the Securities and Exchange Commission sanctioned San Diego for securities fraud for failing to make pension disclosure, the city received an award for its investor relations practices.

Gov. Sean Parnell Wednesday announced two appointments to the board of directors of the Alaska Industrial Development and Export Authority and Alaska Energy Authority.

ALAMEDA, Calif. — Many California redevelopment agencies are facing major credit challenges that have nothing to do with the governor’s plan to eliminate them, Fitch Ratings said in a special report released Monday.

ALAMEDA, Calif. — Many California redevelopment agencies are facing major credit challenges that have nothing to do with the governor’s plan to eliminate them, Fitch Ratings said in a special report released Monday.

SAN RAFAEL, Calif. — The Sonoma Marin Area Rail Transit District in California remains on track to debut in the bond market this spring, but the limits of the sales tax it relies on for funding will limit the scope of the rail transit line it plans to build, its board of directors learned here last week at a workshop.

ALAMEDA, Calif. — The California Legislature adopted a budget bill for fiscal 2012 last week, though the toughest decisions required by that plan were deferred until this week.

Policy makers at the California Public Employees’ Retirement System voted this week to disregard the advice of their chief actuary and keep the retirement system’s assumed annual rate of investment return at 7.75%.

California Controller John Chiang Monday released an actuarial report saying the state faces a $59.9 billion bill to pay for health care and dental benefits for state retirees over the next 30 years.

ALAMEDA, Calif. — With the fate of California redevelopment agencies still unknown, the agencies are rushing deals to market at an accelerated pace — and appear to be paying a steep price for it.

ALAMEDA, Calif. — Las Vegas Monorail Co. bondholder Eaton Vance has broken with other large holders of the bankrupt project’s debt to challenge the settlement that trustee Wells Fargo Bank NA negotiated with Wisconsin state regulators to commute the monorail’s bond insurance policy.

SAN FRANCISCO — Nevada’s woeful economy led Standard & Poor’s to downgrade the state’s general obligation bonds to AA from AA-plus Thursday afternoon.

ALAMEDA, Calif. — California’s attorney general appears to have thrown a monkey wrench into school districts’ common practice of paying for issuance costs using original issue premium.

The California Supreme Court has declined to hear the appeal of an appellate ruling requiring developers of many community facilities districts to pay so-called prevailing wages for all public improvements, whether or not they are financed with bonds.

Los Angeles voters Tuesday approved a ballot measure to create a lower level of benefits for newly hired police officers and firefighters.

The California Senate on Monday confirmed Ana Matosantos as director of the Department of Finance.

ALAMEDA, Calif. — California’s redevelopment agencies have failed to provide a coherent explanation for their existence, according to state Controller John Chiang.

ALAMEDA, Calif. — In what has become something of an annual Sacramento ritual, California Controller John Chiang released a letter to lawmakers and the governor warning of the negative consequences of failing to enact a budget that is both on time and balanced.