California

California Governor Jerry Brown scored a win on the budget he signed Monday in efforts to convince legislators to continue to restrain spending.

The anticipated merger of two West Coast hospital systems will not impact their AA-minus bond ratings, according to a S&P Global Ratings report.

California Treasurer John Chiang reassured Californians that he is monitoring the impact of Brexit on state finances.

The University of California, Merced, is closing in on formal execution of a $1.1 billion public-private partnership to nearly double the physical capacity of the campus by 2020.

California and Oregon voters may soon have the opportunity to vote on controversial soda taxes which could bring in millions of extra dollars annually.

San Diego’s Regional Transportation Agency faces opposition from environmental groups to a tax measure for November’s ballot that would raise $18 billion for the region’s transportation project

California revenues came in $7 million above the month’s forecast for May, the state’s Department of Finance reported.

California lawmakers approved a $122.5 billion budget that largely followed the blueprint Gov. Jerry Brown outlined in May, but also failed to tackle the issue of the state’s crumbling roads and highways.

The California election results demonstrate strong voter support for tax increases, a credit positive, according to a Moody’s Investors Services report.

Cash-strapped colleges and universities are increasingly likely to opt for P3 financing of campus infrastructure.