California

July's total volume was $25.939 billion in 542 issues, down from $28.258 billion in 619 issues a year earlier, the smallest percentage drop in monthly issuance year-over-year in 2023, according to Refinitiv data.

Ikhrata told the board Friday that he would be stepping down from the San Diego County regional planning agency in December.

The event drew more than 100 people in its inaugural year, and organizers hope to see the same interest this year.

California State Treasurer Fiona Ma announced the hiring of two new Stephanie Tom and Khaim Morton as deputy state treasurers.

Sacramento International Airport wants to use newly created TIFIA authorization to help finance upgrades to its terminals and concourses.

Moody's boost to Aa1 to the Desert Community College District affects more than half a billion dollars of general obligation debt.

The bond measure was approved by the Senate in late May but is on pause while negotiations are under way between the Senate, Assembly and the governor's team.

Facing revenue shortfalls, funding for Gov. Gavin Newsom's zero-emission efforts had been put on a waiting list.

Most top 10 issuers for 1H are from New York and California, with three from New York and three from California.

Moody's negative outlook pinned on rough economic seas ahead for the city, possibly through 2025.

Deputy General Manager Dan Denham was named acting general manager until the board of directors finds a permanent replacement.

San Diego city leaders are in the early days of assembling a P3 that could transform six city blocks with fresh space for city workers and affordable housing.

California Gov. Gavin Newsom and lawmakers struck a budget agreement just days before the start of the fiscal year.

Moody's boosted CalHFA's rating to Aa2, following a similar move by S&P in December.

The upgrades brought the Orange County Transportation Authority managed lanes toll credit to double-A levels across the board.

Palomar Health had its outlook revised to negative by Moody's, affecting $672.5 million in outstanding debt.

The Illinois case is part of several state-level lawsuits brought by Minnesota-based municipal advisor Johan Rosenberg, accusing banks of conspiring to set the interest rates of state-issued VRDOs artificially high.

The controversial idea has taken on more urgency as transit agencies nationally struggle with low ridership.

Weekday ridership on the farebox-dependent regional transit system is below 40% of pre-pandemic levels. Some lawmakers are pushing a state transit rescue package.

Muni Pride has been rebranded from California Muni Pride to reflect its developing national focus.