Tonya Chin

Lower than anticipated tax revenues from marijuana won't impact Washington State's credit rating, according to a report from Moody's Investors Service.

Former Assembly Speaker John A. Pérez, D-Los Angeles, officially bowed out of the race for California's next controller after calling off the recount of votes from the primary election.

California's new water usage restrictions are a credit negative for water utilities throughout the state, according to Moody's Investors Service.

The Contra Costa County, Calif. civil grand jury found that seven of its school districts have issued capital appreciation bonds in the last ten years, and is urging them not to sell any more.

The Alameda Unified School District board of education gave the go ahead for a $180 million general obligation bond for school improvements to go on the November ballot.

States should consider tying rainy day fund deposits to volatile revenue streams in order to improve their saving methods, according to a report from the Pew Charitable Trusts.

A ruling that Stockton's pension obligations can be treated the same as other contracts in municipal bankruptcy would have significant impacts on some local government bondholders in California, according to Moody's Investors Service.

For the first time since 2007, California ended the fiscal year with a positive cash balance in its general fund, according to State Controller John Chiang.

The California Legislature has adjourned for summer recess this month after failing to reach a compromise on a multi-billion water bond to place on the November ballot.

Moody's Investors Service upgraded the general obligation bond rating on Bainbridge Island, Wash., based on the city's stabilizing tax base and consistent operating surpluses.

A Stockton bankruptcy court hearing provided clarity on collateral involved in the case, and hints about the judge's thoughts about the city's pension liabilities, but decisions on the city's exit plan will wait until October.

Former Assembly Speaker John A. Pérez has filed a request for a recount of votes in the California primary election for state controller, after preliminary numbers show him coming in third place by a very slim margin.

If approved, a proposal to cap the amount of money California school districts can keep in reserves would have neutral to negative credit implications on districts, according to Standard & Poor's.

Moody's Investors Service said a new law that increases the contribution rates to the California State Teachers' Retirement System fund is a credit positive for the system.

Moody's Investors Service placed a negative outlook on Sutter Health’s revenue bonds, based on the system's poor operating performance and significant capital needs.

Raymond James is continuing its expansion on the West Coast with the recent addition of an education banker to its public finance group in San Francisco.

A proposal for a state school bond is moving forward in the California Legislature, though the total amount of the bond has not yet been agreed upon.

A recently approved policy change that extends the accreditation review period is a credit positive for the San Francisco Community College District, according to Moody’s Investors Service.

The state of Washington completed a $1.2 billion combined new money and refunding deal this week, garnering major savings from the refinancing portion, according to the state treasurer.

KNN Public Finance hired public finance veteran Mark Young to lead the firm's new office in Los Angeles and hired Erwin Tam as a vice president in the financial advisory firm's Oakland office.