Tonya Chin

Stockton's proposed bankruptcy plan provides clarity on recoveries of certain of the city's obligations, but some questions remain, according to Moody's Investors Service.

Stockton, Calif. received the green light from its city council on its bankruptcy exit plan after reaching a deal with bond insurer Assured Guaranty.

Public Financial Management announced Thursday that it has expanded its higher education practice in the Los Angeles office.

The recently signed bill to curb California school districts’ issuance of capital appreciation bonds is a credit positive for the districts, according to a report from Fitch Ratings.

A court ruling that overturned a freeze on retiree healthcare cost inflation in Los Angeles could be a credit negative for state and local governments, according to Fitch Ratings.

California Gov. Jerry Brown signed a bill that establishes parameters for school and community college bond capital appreciation bond issuances.

California is planning to sell $2 billion of new money and refunding general obligation bonds this month, according to the state treasurer's office.

California's debt service payments this year are a smaller percentage of general fund revenues than previously estimated, according to a report from State Treasurer Bill Lockyer.

The board of Mercer Island School District in the Seattle area approved a $100 million bond election for school construction and expansion.

The bankrupt city of Stockton, Calif. said it would continue making CalPERS payments in a draft of its proposed plan of adjustment, which the city council will take up on Thursday.

Municipal finance industry professionals discussed the importance and process of continuing disclosure practices during The Bond Buyer's California Public Finance Conference.

Leaders from three municipal bond insurers discuss the future of the insurance industry at The Bond Buyer's California Public Finance Conference.

The California State Public Works Board is planning to sell $473 million of lease revenue bonds next week to finance construction and improvements at various state correction facilities and universities.

California Treasurer Bill Lockyer spoke about the state's future debt financing plans at The Bond Buyer's California Public Finance Conference on Wednesday.

Gov. Jerry Brown has appointed Peter Luchetti to the California Infrastructure and Economic Development Bank board of directors.

Bel Air Investment Advisors, LLC has hired two municipal finance veterans to join its fixed income team in Los Angeles.

In a report, Fitch Ratings said California's school districts are still financially vulnerable, despite some recent improvements in state funding.

A plan to use eminent domain to help homeowners with underwater mortgages is a credit negative for Richmond, Calif., according to Moody's Investors Service.

The University of California is planning to sell $2.6 billion of revenue bonds next week to restructure all of its outstanding lease revenue bonds issued by the State Public Works Board.

Gov. Jerry Brown has appointed a new chief deputy director for budget at the California Department of Finance.