California

Fitch Ratings upgraded California general obligation bonds to AA from AA-minus, the state's first upgrade in three years.

California joined 21 other states and seven local governments to sue the federal government in an effort to overturn what they see as pro-coal rulemaking.

While Sonoma-Marin Area Rail Transit officials praised the progress made after two years of passenger rail service in the two counties, new financial projections show an uncertain future for the transit service.

A review after the Puerto Rico special revenues court ruling led Kroll Bond Rating Agency to upgrade the Los Angeles Unified School District's GO bonds.

The airport will sell $1.2 billion of revenue bonds as it proceeds with more than $7 billion of capital improvements.

Moody's deemed the ruling a credit positive, because it provides more flexibility to raise taxes.

The state auditor raised questions about how the state controller reported California's OPEB liability in the report, which took 11 months to release.

A new state law established the wildfire fund to provide a financial buffer for claims against utilities.

The company behind the nation’s first privately owned intercity passenger railway in more than a century is seeking approval from California and Nevada to raise as much as $3.6 billion in tax-exempt bonds for a high-speed train linking southern California to Las Vegas.

The San Diego Association of Governments deal, backed by a federal capital grant, is structured to allay investor concerns about funding delays.