California

Foothill-Eastern Transportation Corridor Agency, one of two toll systems operated by The Transportation Corridor Agencies, received a ratings boost to A3.

The measure would fund 40,000-plus homes to address the state's persistent supply gap, supporters say. Time is tight to qualify it for the June election.

The governor's $348.9 billion budget would boost education but targets housing investors.

Los Angeles plans to price $86 million in bonds off its Proposition HHH bond measure, closing out the $1.2 billion GO authorization from 2016.

Cindy Nichol, Sacramento International Airport's director, became chair of an international airport association.

Berryessa Union School District in Santa Clara County had its issuer rating downgraded to A2 from A1 by Moody's.

A three-judge panel said the department could not prove the project was a modification of the existing infrastructure, which would have given it the authority to issue bonds.

Enrollment began to drop in the middle of the school year as rumors about immigration raids circulated through Fresno, Aspen Public Schools told bond investors.

A California Supreme Court ruling could eliminate the need for validation lawsuits before issuing pension obligation bonds, the winning attorneys say.

McAllister was elected six times starting in 2002 as the county treasurer-tax collector, and retired in August.

The Equitable School Revolving Fund, which has more deals in the works, has maintained its strong credit profile even as the sector has experienced headwinds.

The well-regarded pediatric hospital system is not alone in facing downgrades amid the myriad challenges healthcare has experienced in recent years.

Pasadena and the Rose Bowl Operating Co. are suing UCLA, saying plans to relocate football games to SoFi stadium could jeopardize $130 million in revenue bonds.

The nonprofit Oroville Hospital filed for Chapter 11 bankruptcy after failing to sell itself or secure an affiliation with a larger hospital system

The changing climate is increasing insurance rates for residents and cities and lowering property values in areas that face more frequent and intense disasters.

California faces an estimated $18 billion deficit as a new poll finds state residents expressing more concern about the rising cost of living.

The Regents of the University of California will sell $2 billion of bonds next week after yanking a $1.5 billion summer deal amid Trump administration threats.

The deal would give the company time to seek additional equity, debt and federal funds.

The situation is worsening, driven by rising costs and AI revenue risks, the forecast warns.

Moody's cited the airport's "significant improvement in liquidity" and "continued enplanement recovery" in its decision to upgrade the rating to Aa3.