California

L.A. Controller wants nation's largest utility to increase wildfire prevention inspections and boost use of technology.

The deal, issued through the California Housing Finance Agency, is the first multifamily tax-exempt deal to qualify for the GSE's Green Rewards program.

AmeriVet Securities has hired Francis McKenna to be its executive director of public finance.

Moody's Investors Service raised the outlook to positive from stable on Palomar Health's junk-rated revenue bonds and investment grade general obligation debt.

Sandy Kerl has been acting general manager since Maureen Stapleton retired in March from the top slot.

Next week's $500 million taxable revenue bond deal is backed by a 1% surcharge on annual incomes higher than $1 million.

The risk of a state takeover of the bankrupt utility, which Gov. Gavin Newsom has suggested, is not incorporated into California's rating, S&P said.

The port saw a 19.1% year-over-year drop in port container traffic in October amid the trade war with China.

California, Massachusetts and New York came closest to utilizing their volume caps for PABs in 2018, according to a recent survey by the Council of Development Finance Agencies.

Santa Rosa escaped flames this year but still bears costs related to the nearby Kincade Fire.