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Standard & Poor’s has downgraded the Cascade Medical Center in Chelan County to BBB-minus from BBB.
October 6 - Hawaii
Honolulu received a AA and a stable outlook Wednesday from Fitch Ratings for $232 million of wastewater system revenue bonds it plans to market in a negotiated sale on Oct. 12 and 13.
October 6 - California
The Jurupa Unified School District in Riverside County received a AA-minus and stable outlook from Fitch Ratings for $21.8 million of new general obligation refunding bonds.
October 6 - California
Standard & Poor’s downgraded Fresno’s issuer credit rating three notches, to A from AA, the agency said in a report Monday.
October 6 -
The California Health Facilities Financing Authority granted the Downey Regional Medical-Center Hospital permission at its Sept. 29 board meeting to proceed with negotiations to sell its outstanding bonds to a private purchaser to enable it to exit bankruptcy in mid-November.
October 6 - California
San Francisco’s Redevelopment Commission has appointed Tiffany Bohee as interim director of San Francisco Redevelopment Agency, replacing outgoing director Fred Blackwell.
October 6 -
California Gov. Jerry Brown Tuesday signed a bill that will strengthen the state auditor’s oversight of local governments in the wake of the scandal surrounding the city of Bell.
October 6 - Washington
DENVER - Municipal borrowers continue to lag behind corporations in completing their annual audited financial reports, and state and local governments are only incrementally faster than a year ago, a new report concludes.
October 6 - Washington
WASHINGTON - Two key Democratic lawmakers are urging financial regulators to protect the ability of pension plans and state and local governments to use interest rate swaps cost-effectively.
October 5
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LOS ANGELES - Chapman University, a private university in Orange County, Calif., best known for its film, business, and law schools, wants to increase its health science offerings.
October 5
