California

As is usually the case, the largest bond deals appear headed for victory, although this year's tally seems to be slower than normal, given the COVID-19 pandemic.

Oregon-based Wonderful Foundations purchases charter school buildings to lease them back to schools at a stable rent.

California will give the private activity bond capacity granted to the high-speed rail project to affordable housing projects and other qualifying ventures.

California Gov. Gavin Newsom's executive order directs regulators to put rules in place to end the sale of gas- and diesel-powered passenger vehicles in 2035.

California's progressive tax system preserved revenues amid the COVID-19 pandemic, Legislative Analyst Gabriel Petek told a Bond Buyer conference audience.

California may have turned a corner as it begins to recover from 2020's abundant challenges, say California Public Finance Conference panelists.

Many issuers in California specifically do not mention climate change in their official statements.

The No Place Like Home bonds, backed by a long-standing income tax surcharge, fund supportive housing for homeless people with mental health issues.

Pricing was delayed for a $3.2 billion municipal bond deal to finance a passenger railroad between southern California and Las Vegas.

Disney in late September said it would lay off 28,000 employees at California's Disneyland and Florida's Walt Disney World resorts.

The company's upcoming $3.2 billion deal marks the largest sale of unrated debt in the muni market.

Recent orders from the California Supreme Court in public pension cases indicate litigation on the matter has not ended.

The state's new accounting system gets the blame again for California's second year with an extremely late CAFR.

Proposition 15 would detach commercial real estate from California's cap on property assessment increases.

Voters will consider bond issues in three states and a number of tax measures, according to the National Conference of State Legislatures.

City leaders are evaluating layoffs, raise deferrals, leasing city assets and postponing construction projects.

The governors in Oregon and California point out that climate change has exacerbated the conditions that start and accelerate wildfires.

A company that has defaulted on debt payments is seeking California approval to sell an additional $53 million in tax-exempt bonds for a factory there.

The pandemic's effect on the economy and learning, along with what may be growing voter antipathy, are cited for the dearth of November bond measures.

The news is credit positive for the second-tier airport in the wake of JetBlue's departure, according to Moody's.