California

Legislation that would have authorized a vote on a $3 billion affordable housing bond failed to pass ahead of California's legislative deadline of midnight Sept. 1.

California achieved $494.5 million in present value savings when it refunded $2.04 billion of state general obligation bonds, said Treasurer John Chiang.

The market stars aligned for Berkeley, Calif., to land what participants call exceptional pricing for a parking revenue bond deal.

West Coast financial advisory firm Montague DeRose and Associates is expanding with a push toward adding midsize issuers to its roster of large issuers.

Fresno, Calif., Mayor Ashley Swearengin says rating upgrades from Moody's show the steps taken to get the city on sound fiscal ground have worked.

Congressional critic of California's $9 billion of state bonds for high-speed rail wants to repurpose the funding.

A California appeals court's ruling upholding Marin County's pension changes is a positive development for the credit of not only the county, but also California and its other local governments, Moody's Investors Service said Thursday.

California bill sparked by San Francisco embezzlement heads to governor's desk.

Far West issuers sold $44.7 billion of municipal bonds in the first half of 2016, an 8% decrease from the first six months of 2015 that was marked by a slowdown of refunding deals.

Irvine, Calif.-based Opus Bank has launched a new public finance division to pursue business with municipal issuers along the West Coast.