California

The California Debt Limit Allocation Committee wants to allocate $900 million in remaining private activity bond capacity.

La Verne is using a new Enhanced Infrastructure Financing District to develop the area around a new train station.

The 12-cent-per-gallon fuel tax increase took effect Nov. 1.

Cities and states on the the borders are vulnerable to falling tax receipts amid protectionist rhetoric that threatens NAFTA, Fitch Ratings said.

Without tax-exempt private activity bonds, charters would have to turn to more expensive and restrictive capital sources.

Issuers of conduit debt would lose their primary purpose if Congress eliminates private activity bonds.

Many coastal governments would see budget pressure and diminished tax-raising ability, analysts said.

The elimination of private activity bonds “would throw gasoline on a housing shortage," said John Chiang, California's treasurer.

Voters in seven California cities approved marijuana taxes Tuesday.

State Treasurer John Chiang wants a study to consider a state bank for the legal pot industry.

The Tulare Local Health Care District defaulted on its revenue bonds and closed its hospital.

Tax rates on marijuana could equal 45% of the price, according to Fitch Ratings.

Public finance issuers aren't expected to experience more than minimal credit effects.

Trade with Asia and diverse economies insulate the two states from shifts in trade with Mexico and Canada.

The AA-rated city has strong reserves, according to Fitch Ratings.

Analysts will increasingly factor a government's preparation for the impact of global warming, according to S&P Global Ratings.

The Santa Clara Valley Water District voted to proceed with the WaterFix project, but attached some conditions.

The firm's win on a competitive California GO deal underscores efforts to keep its hand in the new-issue business.

The state’s high-speed rail program still faces a long journey to completion beset by lawsuits and political opponents.

The state is $666 million ahead of budget projections for the first quarter of fiscal 2018.