California

Municipal bond buyers will see several big deals head their way this week. Taking the top spot is a $654 million deal from the Regents of the University of California to be priced by UBS while Citi is set to price the Lower Colorado River Authority's $370 million offering.

Scott Mitnick, who was county administrator of Sutter County, California, will be a director at financial advisory firm KNN Public Finance.

State Sen. John Moorlach's legislation would make California only the second state to adopt the machine-readable computer language for financial documents.

The California Supreme Court left the so-called California Rule on pensions untouched in a ruling favoring the state's right to eliminate an "air time" benefit.

The West and East Coasts will battle it out for the top municipal deal of the week — with California coming with a $2.3 billion GO deal and NYC coming with almost $990 million of bonds.

The region's 2018 new money bond sales were up 2% year-over-year, but refundings fell 57%.

The new money segment of the $438 million deal will help fund a midfield concourse at LAX.

Maureen Stapleton is credited with diversifying the San Diego County Water Authority's water supply.

Officials say California revenues may rebound after coming in $2.3 billion shy of Gov. Gavin Newsom's budget plan in December and January.

The Trump administration's decision to strip funds from the California high-speed rail project may lead to a dangerously politicized approach to financing infrastructure.