Tonya Chin

A review of the California Public Employees' Retirement System by the state controller's office found no incidences of pension spiking, but did find deficiencies in the system's approach to monitoring abuse.

California Controller John Chiang unveiled a new website on Monday that lists more than 13 million fields of financial data for cities and counties throughout the state.

A recent announcement that Virginia Mason Medical Center in Seattle will end one of its contracts in 2016 poses certain credit risks, but has no immediate impact on its ratings, according to Standard & Poor's.

Stockton, Calif.'s wastewater system revenue bonds have been upgraded ahead of an $79 million refunding bond sale.

Recent rulings from Washington State's Supreme Court to allow reforms of pension benefits are a credit positive for the state and local governments, according to Moody's Investors Service.

With California's legislative session at an end, the fate of many public finance bills now lies in the hands of Gov. Jerry Brown, including several tax increment financing bills that could partly replace redevelopment agencies.

California Gov. Jerry Brown sent a request to the White House this week requesting federal funds to help communities recover from the recent earthquake that struck the Napa Valley region.

Opponents of California's $68 billion high-speed rail plan filed a petition to review a recent ruling that allows the $8.7 billion bond issuance for the project.

Mark Kaufman, known for his work in the Harrisburg restructuring, has relocated from McKenna Long & Aldridge's Atlanta office to San Francisco, where he will lead the firm's municipal restructuring practice.

While Napa Valley's water and sewer utilities took a hit from the recent earthquake that struck the area, damages are management and do not have any immediate impact on credit ratings, according to Standard & Poor's.

The Port of Portland is planning to sell nearly $100 million of revenue bonds next week for the Portland International Airport.

A push from California Republicans to reverse a proposal to cap budget reserves among school districts failed to gain the necessary support in the legislature last week.

A recent decision by the California Public Employees' Retirement System to approve new pension calculations will increase the costs of pension obligations among public employers, according to Fitch Ratings.

Audits conducted by the state controller's office found that a California prison and psychiatric hospital have engaged in improper payroll practices, resulting in the overpayment of many state employees.

This fall, Oregon voters will decide whether to approve a constitutional amendment that would allow the state to start an endowment fund for student aid using general obligation bond proceeds.

The California Public Employees’ Retirement System has approved including additional types of pay that will count toward how pensions are calculated for recent hires, and Gov. Jerry Brown said the pension fund “got it wrong.”

California's new law to require issuers to disclose bank loans will likely result in lower borrowing costs, according to a report from Municipal Market Advisors.

Moody's Investors Service has raised its outlook to positive on Seattle Cancer Alliance's outstanding bonds.

Unable to recover from its financial woes, the Doctors Medical Center in Contra Costa County is being pressured to close or significantly downsize, which could impose a financial burden on the county, according to Moody's Investors Service.

After months of debate that stretched legislative deadlines, California lawmakers and Gov. Jerry Brown finally agreed on a $7.5 billion water bond measure to put on the November ballot.