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The county will likely tap reserves, issue judgment obligation bonds and make departmental cuts to cover the $4 billion settlement.
April 7 -
New York Power Authority CFO Adam Barsky and Battery Park City Authority CFO Pamela Frederick join The Bond Buyer's Lynne Funk to unpack the far-reaching consequences of eliminating, reducing, or limiting the federal tax exemption for municipal bonds.
April 1 -
Foothill Gold Line Construction Authority had to rethink the final leg of a 60.2-mile light rail line when the contractor's final bid came in 50% higher than its estimated project costs.
March 31 -
California's High Speed Rail Authority has until June 2026 to figure out how to close a $7 billion budget hole, said the LAO's principal fiscal and policy analyst at a budget hearing.
March 28 -
California plans to price $2.5 billion in new money and refunding general obligation bonds next week, with retail orders Tuesday and final pricing Wednesday.
March 28 -
The Los Angeles Legislative Delegation penned a letter to state budget leaders asking for $1.9 billion in fire recovery aid for the city after meeting with city leaders.
March 26 -
The Los Angeles-based fund manager has expanded into debt financing to offer affordable housing developer clients a lower cost of capital.
March 21 -
Mayor Karen Bass and her budget chief say the city faces a $1 billion budget gap and will need to rethink the way Los Angeles operates.
March 20 -
Fitch Ratings cited the San Diego-area health district's ongoing fiscal woes in dropping its rating to B-minus from B and revising its negative watch to a negative outlook.
March 19 -
California Insurance Commissioner Ricardo Lara wants the prospective rate hike discussed at a public hearing in April before he formally approves it.
March 17