California Public Finance

Photos from The Bond Buyer's 2025 California Public Finance conference.

The California Debt and Investment Advisory Commission explored public finance solutions to child sexual abuse claims this week at an event in San Diego.

The federal budget bill lowered the percentage of private-activity bonds needed for affordable housing projects to qualify for 4% tax credits, but it hasn't been the boon expected.

Muni experts discussed how macroeconomic concerns and a volatile political environment are affecting the market as the market chalks up another record year of issuance.

Municipal bond insurance volume grew 17.7% year-over-year in the first three quarters of 2025, according to LSEG, outpacing the municipal market as a whole.

Several macro trends have converged to drive growth in municipal bond issuance, said participants at The Bond Buyer's California Public Finance conference.

Leaders of the African-Americans in Public Finance and Latinos in Public Finance hope to mirror the success of the Asian affinity group, the largest such assemblage.

The biggest challenge to the public finance industry at large remains market volatility, according to respondents in The Bond Buyer's Live Market Survey. Forty-six percent named it their top concern, with a recession or economic downturn coming in second at 33%.

San Francisco City Administrator Carmen Chu highlighted challenges the city faces, and how city leaders plan to solve them.

Pessimism reigned during the state of the union panel at The Bond Buyer's California Public Finance conference in San Francisco.