California

West Covina faces shrinking reserves and growing liabilities. Its mayor responds that it is working on solutions, but the pandemic challenges its efforts.

As state and local governments work to apply the California Supreme Court’s rulings, they are also bracing for the next wave of litigation.

Fitch Ratings cited concerns about LADWP's debt leverage in setting a negative outlook.

A voter-approved $5.5 billion bond measure gives the California Institute for Regenerative Medicine a new lease on life.

The latest revenue and spending report by the state’s nonpartisan Legislative Analyst’s Office is in stark contrast to the doom predicted early this year.

The state's uncoordinated approach to allocating private activity bonds and funding affordable housing let $2.7 billion of authority go to waste, she said.

California voters have approved a second infusion of bond funding for stem cell research.

Jeanne Holm, appointed by Mayor Eric Garcetti, will help guide the city government through its worst financial crisis in a decade.

Moody's deemed both the likely passage of San Francisco Unified School District's parcel tax and Los Angeles USD's $7 billion bond measure credit positives.

As wildfires become more frequent and intense the reliability of state governments and FEMA to support affected local governments may change.