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The school district, which has about 50,000 students, faces a $30 million deficit in fiscal 2020.
February 19 -
Fitch downgraded many of the district’s bonds to BBB-plus, but those it views as having pledged special revenues stay AAA.
February 14 -
California has issued $3.3 billion of general obligation bonds for the high-speed rail project out of $9.9 billion authorized by voters.
February 14 -
Governance and economics, rather than cutting benefits, are increasingly seen as key to solving pension funding woes.
February 13 -
Angelica Valencia is considered integral to the firm's California and Puerto Rico practices.
February 12 -
Moody's Investors Service placed about $1 billion of debt issued for California's former redevelopment agencies on review for upgrade.
February 11 -
Local officials are urging lawmakers to pass a major infrastructure plan after years of disappointment.
February 7 -
The Sacramento City Unified School District is on track to have a negative cash balance in November.
February 4 -
The merger of Catholic Health Initiatives and Dignity Health creates a Chicago-based nonprofit healthcare system with $10 billion in debt and operations in 21 states.
February 4 -
Attention in the municipal bond market turns westward as some of the week's biggest deals will be coming from Hawaii, Washington state and the Los Angeles County Metropolitan Transportation Authority. Buyers will see the biggest issuance week of the year as $7.2 billion of deals will hit the screens.
February 4 -
The San Diego-area system is issuing municipal debt to fund its acquisition of for-profit Northcentral University.
February 1 -
The Chapter 11 filing creates uncertainty for the state and localities where the utility operates.
January 30 -
Moody's dropped to Caa3 a pool of pension obligation bonds likely to be dragged down by wildfire damage to Paradise, California.
January 28 -
The county school superintendent appointed a fiscal advisory team to help Los Angeles Unified close a structural deficit.
January 24 -
KPC Group has agreed to be a stalking horse bidder for Verity Health System's remaining four hospitals.
January 22 -
California’s largest utility owner faces $30 billion in potential wildfire liabilities, and its bankruptcy plan has reverberated across the power industry.
January 22 -
Rating agencies don't expect major impacts to state and local governments from the troubled California utility's pending bankruptcy.
January 18 -
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.
January 17 -
Petek has covered California's state government as a public finance rating analyst for S&P Global Ratings.
January 17 -
California's Governor and San Diego's mayor launch separate efforts to combat housing crisis
January 16





















