California

As Orange County, Calif., approaches the end of debt service payments related to its 1994 bankruptcy, it is lining up its first long term debt sale in a decade.

Upgrading San Francisco’s vulnerable northern seawall to protect against earthquakes and rising sea level could cost $5 billion.

San Diego City Attorney Jan Goldsmith said he might file a lawsuit to keep the initiative off November’s ballot, possibly benefiting a competing initiative that would include a new stadium for the San Diego Chargers.

The Metropolitan Water District of Southern California has announced it signed a $175 million deal to purchase islands in the Sacramento-San Joaquin Delta, a controversial decision that some opponents view as part of a water grab.

California reported $7.4 billion of revenue in March, outstripping projections in the proposed budget released in January by 3%.

San Bernardino has chosen a new finance director after more than a year of vacancy in the position.

Rainfall wasn’t enough to alleviate credit pressure on California water utilities, according to rating agencies.

Loma Linda University Medical Center received mixed messages from two rating agencies as it prepares what will be the municipal bond market’s largest junk rated deal of the year so far.

State and federal officials signed an agreement to remove four hydroelectric dams in California and Oregon at an estimated cost of $290 million, part of which will be paid through California bonds.

Four California energy agencies warned Tuesday of power outages as they released a joint plan for handling a natural gas shortage resulting from a leak at Southern California’s primary gas storage facility.