Tonya Chin

Carlo Savini Fowler, a California bond attorney in public finance for more than 45 years, died on Dec. 6. He was 81.

Fitch Ratings said it may downgrade the ratings on Sacramento City Unified School District, ahead of its $40 million refunding bond deal.

As Fresno, Calif. continues to struggle with a weak economy, rising labor costs, and falling bond ratings, market participants express concerns of bankruptcy risk.

San Jose, Calif. cannot make voter approved pension cuts, but it can reduce pay to help fund higher retirement costs, a judge ruled on Monday.

California's Legislative Analyst Office said the proposed Pension Reform Act of 2014 could save hundreds of millions to billions of dollars in the long run for the state and local governments.

Moody's Investors Service has placed $6.6 billion of the California Department of Water Resources bonds on review for upgrade.

The city of Berkeley, Calif. is planning a competitive offering of $15 million of general obligation bonds to finance street improvements.

Moody's Investors Service has upgraded more than $600 million of outstanding bonds issued by the Northern California Power Agency.

The University of California and a union representing more than 12,000 researchers, healthcare, and technical workers reached a tentative labor agreement this week after two years of negotiations.

California State Controller John Chiang updated his pay data website with new salary information for city and county officials.

California Treasurer Bill Lockyer has joined Brown Rudnick LLP's government and law strategies team in Orange County in a part time job in addition to his duties as treasurer.

The democratic caucus of the California State Assembly has released a "budget blueprint" for next year that includes boosting higher education spending and creating a rainy day fund.

Gonzaga University is planning to sell $53 million of revenue bonds to fund construction costs for a new building to replace its antiquated student center.

San Francisco Mayor has proposed putting a $400 million bond for earthquake safety improvements on the city’s June 2014 ballot.

California revenues for the month of November came in below estimates, but year-to-date revenues are still positive, according to a report from State Controller John Chiang.

California's recently proposed $25 billion water plan to restore the depleted Sacramento-San Joaquin Delta will include a mixture of state and federal funding, as well as several bond issues.

California's Department of Water Resources announced a five-year low for its water allocation rate, which is a credit negative for the state's water enterprises, according to Moody's Investors Service.

California water and sewer utilities have performed well in the past year, with the average agency rated AA, according to Fitch Ratings.

Raymond James is continuing its public finance expansion in the West with the recent addition of Parker Colvin in San Francisco.

Nearly 20 mayors and vice mayors sent a letter to Mayor Chuck Reed, urging him to call off his 2014 statewide pension ballot initiative.