California

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.

State officials have lost two rounds in a lawsuit that says California improperly diverted money intended for homeowners to make payments on housing bonds.

Voter initiatives can limit the state of California’s operating flexibility, Fitch Ratings analysts wrote.

The city has $260 million in unspent bond authority that could go to housing, said Mayor London Breed.

A Carlsbad, Calif.-based San Diego-based firm, Eric Hall & Associates, is accused of being unregistered when it served as municipal advisor to a school district.

California government officials are trying to figure out how best to use the Opportunity Zones created in the 2017 federal tax bill.

Brightline, which runs a passenger train service in Florida, is taking over the XpressWest project.

The Oro Loma Sanitary District will treat wastewater at higher quality with improvements

S&P Global Raings dropped Verity Health System to CC.

Officials said the deal was undertaken to simplify the Valley Transportation Authority's debt portfolio.

Ten years ago, the financial avalanche that altered the municipal bond market gathered speed with the bankruptcy of Lehman Brothers.

The Fitch Ratings action does not affect its AAA rating for LAUSD general obligation bonds, which are rated based on a dedicated tax analysis without regard to the district’s finances.

Coalinga Regional Medical Center was felled by challenges common to many rural hospitals.

The teachers' union and Los Angeles Unified School District are in a spat about financial documents.

State Controller Betty Yee said revenues came in $1.14 billion higher than anticipated.