Far West

Moody's Investors Service revised its outlook from stable to positive on the Beverly Hills-based Cedars-Sinai Medical Center's long-term revenue bonds. It affirmed its A1 rating

Former Orange County Supervisor John Moorlach officially announced his decision to run in a special election for the 37th State Senate District.

The Government Finance Officers Association is levelling strong criticism at Moody's Investors Service for failing to provide its credit ratings to EMMA and urging the agency to do so.

California Gov. Jerry Brown's proposed 2015-16 budget is mostly positive for school districts, Fitch Ratings said.

Municipal market participants applauded President Obama’s proposal on Friday to create a new type of tax-exempt municipal bond that could be used to help finance public-private infrastructure projects, but one questioned whether it will pass muster with Congress.

The median level of state reserves declined by 21.5% in fiscal year 2014 and is expected to decline further this fiscal year, according to the Pew Charitable Trusts.

The Senate Finance Committee took a step toward comprehensive tax reform on Thursday by launching five bipartisan working groups charged with issuing a report with recommendations by the end of May.

California Gov. Jerry Brown’s budget dedicates additional funding to schools from boosted revenues for operating costs, but he proposes to shut down the state's K-12 school bond program.

Paul Rosenstiel, a managing director of public finance at Stifel, Nicolaus & Co, has been reappointed to the California State Teachers' Retirement Board by California Governor Jerry Brown.

Fitch Ratings downgraded Oroville Elementary School District to A-plus from AA-minus based on a structural imbalance that has steadily eroded the district's previously solid fund balances.