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Fitch downgraded many of the district’s bonds to BBB-plus, but those it views as having pledged special revenues stay AAA.
February 14
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California has issued $3.3 billion of general obligation bonds for the high-speed rail project out of $9.9 billion authorized by voters.
February 14
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Governance and economics, rather than cutting benefits, are increasingly seen as key to solving pension funding woes.
February 13
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Angelica Valencia is considered integral to the firm's California and Puerto Rico practices.
February 12
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Moody's Investors Service placed about $1 billion of debt issued for California's former redevelopment agencies on review for upgrade.
February 11
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Local officials are urging lawmakers to pass a major infrastructure plan after years of disappointment.
February 7
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Lawmakers are weighing two plans that would divert to so-called "kicker" rebate issued to taxpayers when income tax revenues exceed the forecast.
February 7
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Duane Davidson recommended more use of pay-go financing, instead of borrowing, in the state's debt affordablity report.
February 5
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The Sacramento City Unified School District is on track to have a negative cash balance in November.
February 4
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The merger of Catholic Health Initiatives and Dignity Health creates a Chicago-based nonprofit healthcare system with $10 billion in debt and operations in 21 states.
February 4
