California

Two courts have interpreted a legal question key to the VRDO lawsuits very differently.

County supervisors gave the treasurer and tax collector 180 days to come back with recommendations for a public finance diversity and inclusion initiative.

The bonds sold for Paradise, the town nearly leveled by a 2018 fire, remain at speculative grade.

Issuers in the nine-state Far West region sold $34.6 billion of municipal bonds in 2019's first six months.

Market participants are questioning IFS' future and how a rogue trader engaged in unsupervised trades.

The funds will be used to help local water systems provide safe drinking water.

After 39 years in the public sector, Pat West will become a consultant.

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.

Moody’s has acquired a majority stake in Four Twenty Seven, a provider of data and analysis on climate risks.

From BART trains packed to capacity during the commute to freeways that jam well before dawn, the strain on the Bay Area's transportation backbone is intensifying.

CommonSpirit Health will sell $2.7 billion of taxable bonds and $3.1 billion of tax-exempt debt, with BBB-plus ratings, into a supply-starved market.