California

Bond issuers in California would have to provide significantly more disclosure to a state agency under recently introduced legislation.

Public finance lawyer Robert Haight has joined the San Francisco office of Holland & Knight, the firm announced Tuesday.

The Sacramento Municipal Utility District's decision to abandon the $1.45 billion, 400-megawatt Iowa Hill pumped storage generation project is good for its credit, Moody's Investors Service said Friday.

The education spending proposed in the California governor’s budget is enough to sustain the sector's healthy and improving credit position, Moody's Investors Service said.

Los Angeles may switch gears mid-stream from a traditional tax-exempt financing to consider a public-private model to expand and renovate its convention center.

The California state government’s revenues for January fell short of projections in Gov. Jerry Brown’s budget proposal by $239.8 million after several months of exceeding expectations.

The University of California would issue $400 million of bonds as part of a proposed $1.1 billion public-private partnership to expand the campus of UC Merced, according to a report issued the state Legislative Analyst’s Office Wednesday.

California should rethink its reliance on bond debt to fund infrastructure, according to California Treasurer John Chiang.

Orrick, Herrington & Sutcliffe has promoted two public finance attorneys to partner.

Stacy Lewis Daher has been reappointed to the California Educational Facilities Authority, the body responsible for approving conduit bond issues for universities.

A California redevelopment successor agency achieved 25% savings on a $33.7 million tax allocation bond refunding.

The holders of $50 million in pension obligation bonds have reached a tentative agreement with San Bernardino in its Chapter 9 bankruptcy.

California water and sewer ratings remain stable despite the challenges presented by the ongoing drought, Fitch Ratings said.

The Port of Oakland has lost its second-largest terminal operator, a blow that Fitch Ratings said should be manageable.

Backers of a California initiative that would require referendums for state revenue bonds defend measure.

Recent opinions issued by the California attorney general’s office may have some municipal advisors and broker-dealers treading carefully to avoid breaking Municipal Securities Rulemaking Board rules.

Municipal Market Analytics expects that more California water utilities could experience bond covenant violations as they adjust to lowered revenues from conservation efforts.

A Moody's Investors Service report evaluates the risks and benefits of public and private financing amid a surge in new U.S. stadiums targeting professional football and soccer.

California city attorneys who also provide bond counsel services may not be paid based on a percentage of a city's bond issuances, according to a formal opinion from the office of California Attorney General Kamala Harris.

San Diego Chargers owner Dean Spanos said he plans to double-down on efforts to build a stadium in San Diego, though he hasn’t closed the door on a move to Los Angeles.