California

The district sold $206 million of general obligation bonds in April, including a taxable refunding deal.

The tax and omnibus spending bills offer little relief for state and local infrastructure.

The treasury secretary said such a bill could pass within two months.

Backers say the blockchain "micro" bonds could finance a new fire truck for the California city.

The $425 million measure is likely to go before San Francisco voters in November.

Californians will weigh $13 billion in state water bond measures this year, split between two elections.

Vernon succeeded in its second stab at passing a utility tax that ends a practice of using a utility fund to close city deficits.

Adventist Health West agreed to pay $112 million in Fremont-Rideout Health Group bond debt as part of a merger.

Marin General Hospital hopes to issue just under $159 million in revenue bonds next month to help pay for its new hospital wing and parking garage, and to retire debt.

Pushing off painful decisions tanked Illinois' ratings while California reaped spread and rating benefits from better choices.