California

California Democrats are a step closer to putting a $3.1 billion bond measure on the ballot in 2018 after passing a bill through the state Assembly without Republican support.

California’s “sanctuary city” fight with the Trump administration is not likely to have huge financial implications for its cities, according to recent analysis.

California Treasurer John Chiang has opened an independent ballot measure committee for the 2018 statewide election for an affordable housing bond.

California’s $2.79 billion March 7 general obligation bond sale was a marketplace success for the state, officials said, thought it didn’t price as strongly as the state’s big GO sale last year.

California revenues for February missed projections in the governor’s budget by 10.6%.

The UCLA Anderson Forecast could revise its forecast for California downward if immigration and trade policies floated by U.S. President Donald Trump, become a reality.

California lawmakers are working quickly to get a comprehensive transportation funding bill ready to go within a month.

Issuers in California and Texas accounted for more than one-third of S&P Global’s public finance ratings upgrades last year.

The Transbay Transit Center in San Francisco is expected to run an operating deficit after it opens later this year that may be borne at least in part by taxpayers.

California’s High Speed Rail Authority can sell bonds for the Central Valley segment, said the director of California’s Department of Finance.