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California received a negative outlook from the rating agency in May amid revenue uncertainty. The Public Works Board lease revenue bonds are rated Aa3.
October 17 -
The California governor is this week signing bills to alter the state's mental health policies in a package that includes a $6.3 billion state bond measure.
October 12 -
Municipal yields fell up to three basis points, depending on the scale, but underperform a better UST market.
October 4 -
The Bond Buyer's Keeley Webster talks ratings, fare integration and potential solutions to the Bay Area Regional Transit's current challenges with Bryant Jenkins, a managing principal with Sperry Capital. (34 minutes)
October 3 -
Fitch Ratings replaced its negative watch with the negative outlook, citing the lack of clarity around contractor claims of cost overruns.
October 2 -
September's total volume ticked up 1.2% to $27.585 billion in 531 issues from $27.251 billion in 592 issues a year earlier. However, the month's total is lower than the $30.652 billion 10-year average, according to Refinitiv data.
September 29 -
California lawmakers have asked the state Supreme Court to block a ballot measure that would radically alter the state's tax structure.
September 29 -
Two out of three Californians said they expect bad economic times in the next 12 months, according to a Public Policy Institute of California poll.
September 28 -
California priced $625 million in State Public Works Board lease revenue bonds this week.
September 28 -
The rating agency removed the negative outlook it had assigned after the community college district's accreditation was threatened.
September 25 -
State Controller Malia Cohen said she stepped up to help draft audit guidelines following a charter school fraud case that cost the state $400 million.
September 22 -
The city ranks last among 32 U.S. cities in an index that tracks secondary market prices for general obligation bond debt.
September 21 -
The Bipartisan Infrastructure Law gives the country "the best start we've ever had," in setting up a national bullet train network, Transportation Secretary Pete Buttigieg told a House panel Wednesday.
September 21 -
The event heavily focused on the kind of and how much disclosure issuers need to offer in order to attract investor interest.
September 20 -
Jena Watson, who has nearly 30 years of experience, moved over from HomeBank.
September 19 -
The state managed to grow revenues above forecast for the first two months of the fiscal year despite the delayed tax filing deadline.
September 19 -
Gov. Gavin Newsom, speaking at Climate Week NYC, said he'll sign bills requiring companies to increase reporting on greenhouse emissions and climate risks.
September 18 -
The bill would allow striking workers to collect unemployment benefits after being on strike for two weeks.
September 15 -
The school district plans to price $670 million in a combined new money-refunding deal next week.
September 14 -
Alice Livingston "wanted nothing to do with" bonds when growing up, but found her love for communications meshes well with the municipal market.
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