California

Los Angeles World Airports needs to reform its bidding process to move forward on its multi-billion dollar efforts to modernize Los Angeles International Airport, according to a city controller's audit.

Anna Sarabian was promoted to partner at financial advisors Fieldman, Rolapp & Associates.

Investors say California’s general obligation bonds will receive a warm welcome when the state prices $2.3 billion into a busy primary market.

Los Angeles revenues for fiscal 2015-16 are coming in $170 million less than projected.

The Los Angeles Unified School District brings the largest deal of the muni primary market's busiest week in almost a year with the help of two freshly minted, high-level ratings.

Sacramento, Calif.’s creation of a long-term plan to fund its retiree healthcare benefits has put the city on a more sustainable trajectory, Moody's Investors Service said Friday.

A 2.2 cents per gallon cut in California’s gasoline tax will reduce funding for road and transit projects.

Far West issuers sold $83.6 billion of municipal bonds in 2015, a 26.5% increase over the prior year, as refundings continued to drive volume.

Financial information of state and local government debt issuers is of great interest to state residents and taxpayers, not only for how tax dollars and other revenues are used, but how well they are used. The more transparent, the greater confidence citizens may have in their government. The bar for such transparency has just been raised by DebtWatch.

California high-speed rail officials said they plan to start the $64.2 billion project in the north, rather than in the south.