California

Santa Cruz, on California's coast, was particularly hard hit by flooding in 2023. In addition to the the I-Bank loan, the city secured a federal loan.

The California State School Board Association has sued over an education funding work-around included as a trailer bill in the budget.

September volume came in over $44 billion leading volume year-to-date to hit more than $380 billion, just shy of 2023's full-year total issuance.

California hospitals will be forced to close if they don't complete earthquake safety upgrades by 2030. Gov. Gavin Newsom vetoed a bill to extend the deadline.

California State Controller Malia Cohen was asked to form a task force to draft best practices for the state's charter schools after 11 San Diego charter schools became embroiled in a fraud case.

They new hires will serve various functions in different regions of the country.

The Los Angeles Unified School District bonds carry a sustainability label with a third party opinion from Kestrel.

"Should September's positive returns hold as we expect, it would mark the fourth consecutive month of positive total returns — the first such period since the five-month period spanning from March through July 2021," BofA strategists Yingchen Li and Ian Rogow said.

The airport's first new money foray into the muni market in nearly 12 years will begin to fund a $1.3 billion transformation plan.

California's state government typically pushes out billions of dollars of debt from August to November. This year there may be a shift in buy side sentiment.