Far West

Berkeley Unified School District, Calif. will sell $18 million of general obligation bonds next week, buoyed by a Fitch Ratings AAA.

This week’s Los Angeles Department of Water and Power water revenue bond sale will benefit from an upgraded bond rating and a rate increase.

The District of Columbia’s proposed six-year capital improvements plan includes $6.3 billion in infrastructure spending, nearly $4.3 billion of which will be financed with the issuance of municipal bonds.

San Bernardino’s bankruptcy settlement agreement with pension bondholders is a credit negative, according to Moody’s Investors Service.

Los Angeles emphasized the tech industry’s growing importance as an economic driver at its third regional investor’s conference.

Legal and political processes must lead to pension fixes in Chicago, California, and around the country, said leaders of an advocacy group dedicated to public sector pension reform.

The San Diego Chargers have proposed a financing plan for a $1.8 billion joint use stadium-convention center in downtown San Diego that includes the issuance of $1.15 billion of tax-exempt bonds backed by a hike in the city’s hotel tax.

The National Development Council is highlighting what it describes as its proven “American model” for social infrastructure public-private partnerships, which uses tax-exempt bonds.

San Bernardino, Calif., reached a settlement agreement that gives bondholders a major haircut that is still substantially better for them than the city originally proposed in its Chapter 9 bankruptcy.

Washington's legislature adjourned after passing modest adjustments to the state's previous two-year budget while taking money from an account used to help fund municipal finance deals.