California

California’s largest utility owner faces $30 billion in potential wildfire liabilities, and its bankruptcy plan has reverberated across the power industry.

Rating agencies don't expect major impacts to state and local governments from the troubled California utility's pending bankruptcy.

New York will require out-of-state retailers with annual sales of more than $300,000 or 100 transactions in the state to collect and remit sales tax.

Petek has covered California's state government as a public finance rating analyst for S&P Global Ratings.

California's Governor and San Diego's mayor launch separate efforts to combat housing crisis

The LAUSD strike doesn't have an immediate rating impact, but analysts view it as a symptom of larger problems at the district.

Three lawsuits claiming fraud in the variable-rate demand obligation market are headed toward key court rulings in coming weeks.

Affordable housing got a boost this week when the City Council approved tax-exempt financing for a commercial real estate firm's purchase and renovation of a large apartment complex on the city's western edge.

The Sacramento Housing and Redevelopment Agency plans to issue up to $25 million in tax-exempt mortgage revenue bonds to finance the renovation of 74 low-income housing units in south Sacramento. The financing does not include the addition of any new affordable housing units.

Tim Schaefer will remain California's deputy director of public finance under Fiona Ma.

The governor said his proposed fiscal 2020 budget represents a 4% increase over this current budget, of which 80% is one-time costs.

Amid bankruptcy talk about the investor-owned utility, the fate of its $18 billion in corporate bonds could impact the municipal bond market.

The law firm added Juan Redfin as senior counsel to its 125-year-old Public Finance Practice Group.

San Francisco International Airport's bond sale helps fund $7.4 billion capital program.

Bakersfield College students can expect to see more commotion on campus this spring as work begins on a few construction projects, the largest of which is a new campus center.

The Legislative Analyst's Office says the shift of the takeover role from the state to the county may weaken oversight.

Revenue from taxes on legal marijuana has not reached the point of being able to support bonds, industry observers say.

Port officials are concerned volume will drop in January and February after import volume surged to record levels.

Santa Clara County's decision to purchase two of the bankrupt Verity hospitals was factored into the upgrade.

Two recent cases saw bondholders take a hit because their liens were not considered to be perfected.