Far West

The California Public Employees' Retirement System board deemed as precedential a decision to cut the $457,000 annual requested pension of former Bell Police Chief Randy Adams by more than half.

A California task force formed after $1.3 million in bond proceeds was embezzled from a conduit issuer could have a draft proposal by late July.

The Los Angeles Department of Water and Power signed an agreement June 21 to sell its' share in the Navajo Generating Station as part of plans to get the city off coal by 2025.

Standard & Poor’s revised the outlook from negative to stable and affirmed a junk rating on bonds issued for a Los Angeles-based charter school chain now that revocation of its charter is no longer an issue.

The entire California legislature voted Friday to approve the $115.4 billion budget compromise struck between the governor and legislative leaders earlier in the week.

The city of Los Angeles will be coming to market with the city's annual tax and revenue anticipation notes or TRANs on June 24. As part of the city’s muni road show, the presentation team for the city took some time between meeting with investors to speak to The Bond Buyer in its’ New York office.

The Government Finance Officers Association is calling for changes in the Municipal Securities Rulemaking Board's core conduct rule for municipal advisors to reduce the costs and burdens for issuers.

California’s budget and revenue outlook is so sunny that the state doesn’t plan to issue revenue anticipation notes this year.

A bill that would allow an Oregon authority to issue bonds for projects in other states is headed for the governor's desk after passing through the state Senate this week.

The San Diego Chargers threw cold water on a joint proposal by the city and county aimed at keeping the team in the city.