California

Leaders in California's largest cities are contemplating bond measures and tax increases to tackle worsening homelessness crisis, including an unprecedented local income tax in Los Angeles County.

The UCLA Anderson Forecast revised its expectations for both California and the national economy downward.

California local government officials and other stakeholders are becoming increasingly uneasy about the lack of activity in the state legislature’s special session on transportation.

The Port of Los Angeles board of commissioners approved a $1.17 billion budget Friday that includes no immediate plans for long-term debt.

Former California Treasurer Bill Lockyer has been hired to help Industry, Calif. come up with a plan to deal with accounting irregularities.

With housing costs soaring as demand exceeds supply, California Treasurer John Chiang is trying to put billions of dollars in unused private activity bond authority to work to build affordable housing.

New York City Comptroller Scott Stringer and California State Controller Betty Yee are urging public pension funds to embrace board-diversity practices inclusive of LGBT interests.

Former California Public Employees Retirement System chief Federico "Fred" Buenrostro received a prison sentence of four and a half years Tuesday, nearly two years after pleading guilty to accepting bribes in exchange for influencing CalPERS staff.

California’s high-speed rail project appears to have survived one legal challenge, as Kings County, Calif. will not further contest the legality of the bonds supporting the train.

The San Diego mayor’s office said it has saved $300 million in aggregate cash flow savings on refundings it has conducted over the past 12 months.