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The initiative would have raised income taxes on affluent Californians to benefit local health departments.
July 19
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Most top 10 issuers for 1H are from New York and California, with four from New York and two from California.
July 19
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Munis are improving, but positive second-half municipal returns likely won’t be enough to offset the major losses of the first half of the year.
July 18
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State pension funds have lost much of the ground gained during the bull market of 2021.
July 15
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Private activity bonds for a coffee farm and general obligation bonds for an emergency center were cut with Gov. David Ige's veto pen.
July 14
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Three school bond and local tax measures garnered a victory when the final results were tallied weeks after the election as mail-in votes slowed the count.
July 11
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Transportation Secretary Pete Buttigieg announced $1 billion in federal grants to 85 airports, including LAX.
July 8
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Lawmakers approved the first $500 million for the program as a trailer bill to the fiscal 2023 budget. Bonds may be used to fill the gap.
July 7
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Mary Colby, who retires from Charles Schwab Investment Management after 30 years in the muni industry, fought for more extensive disclosure for investors.
July 5
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Bosler, who has held the position since 2018, had announced earlier in the year that she planned to leave after the budget process was completed.
July 5
