California

Under the mPower program, loans for energy retrofits are bundled into a revenue stream to back structured bonds sponsored by Placer Co., Calif. The program’s goal is in the spirit of energy efficiency and environmental sensitivity – a well-established policy in the state. Jenine Windeshausen, the county's Treasurer-Tax Collector and the county’s municipal advisor Kenneth Dieker of Del Rio Advisors review the program. John Hallacy is host.

Moody's Investors Service upgraded LAX ahead of the deal, bringing the subordinate bonds to the AA-minus level across the board.

The muni market will see volume rise in the last week of October as buyers will be treated with a billion deal from Chicago’s Sales Tax Securitization Corp. and a $714 million offering from the Department of Los Angeles airports.

Mayor Kevin Faulconer announced plans to form a joint-powers authority to provide electricity

The Los Angeles airport enterprise received a Moody's ratings boost ahead of plans to price $650 million in subordinate revenue bonds.

California and New York City are showing us the path forward, as they often do, in the face of the new limits on the federal deduction for state and local taxes.

California revenues were $1.03 billion ahead of estimates in the first quarter of the fiscal year, according to the state's Department of Finance.

Proposition 4 would authorize $1.5 billion in state GO bonds for 13 childrens' hospitals around the state, eight of them private nonprofits.

An initiative that would create a separate property tax assessment system for non-residential properties qualified for the 2020 ballot.

The state pulled in $28.7 billion in the first quarter of fiscal 2019, according to the State Controller's Office.

The city-owned airport has $6.2 billion of outstanding bonds and plans to embark on several refundings.

More than 100 local governments around the state will ask their voters to approve tax measures in November.

Larry Kosmont's advisory and real estate firm thrived after the state axed local redevelopment agencies.

State Auditor Elaine Howle said the state's housing department's oversight of bond expenditures is inconsistent.

Hiring a diverse workforce isn’t just the right thing to do, it’s good for business, according to panelists at the Bond Buyer’s Public Finance conference.

Municipal bond market participants offered their views on how California will confront housing, education and transportation challenges.

The Sacramento County Office of Education rejected the Sacramento City Unified School District budget because of deficit spending.

The Protecting Family and Small Business Tax Cuts Act of 2018 which passed 220 to 191 isn’t expected to become law because the Senate won’t consider it this year.

The clock is ticking for California’s electricity providers -- public and private -- to convert to 100% carbon-free energy

Officials say the project will spur economic development in the city core.