California

The California Supreme Court has agreed to hear an appeal of a landmark pension decision that analysts and reformers had hailed as a positive for the state and local governments.

Time has run out on California lawmakers’ efforts to pass new transportation funding legislation in 2016, a sharp turnaround from the optimism that local government groups had expressed only a few days ago.

S&P Global Ratings analysts said new California’s law emphasis on debt management policies could bode well for issuer’s credit quality.

Late vote counts in California appear to have swung another seven ballot measures into the win column.

California issuers won’t face most new disclosure requirements until 2018 under a new law that takes effect in January.

The looming deadline of California's special legislative session on transportation funding could provide an opening for much-needed legislation before new lawmakers take their seats next legislative session, those closely watching the developments in Sacramento believe.

California state budget watchdog releases positive economic forecast, but cautions about federal policy unknowns.

San Diego’s plans to restore large swaths of the city’s largest park to pedestrian space involves issuing $50 million in parking revenue bonds.

California's $2 per pack increase on cigarettes is credit negative for tobacco bonds, nationally.

Los Angeles Metropolitan Transportation Authority is pricing $514.8 million in bonds this week fresh off passage of a half-cent sales tax measure.

California's budget watchdog praised Los Angeles' bid to host the 2024 Olympic Games.

California revenues for October missed budget projections for the month by 5%.

The 430 tax and local bond measures considered by Californians achieved an 80% approval rate in preliminary counts.

Former Los Angeles Mayor Antonio Villaraigosa tossed his hat into the race for California governor.

An operator of bond-financed charter schools in California has filed for Chapter 11 bankruptcy.

Tax and bond measures found success in California and Washington on Election Day.

The Fresno County, Calif. district attorney is investigating allegations that officials at Parlier Unified School District may have engaged in fraud, misappropriation of funds or other illegal activities.

San Francisco has completed the transfer of ownership of its public housing sites from the San Francisco Housing Authority to community-based affordable housing teams, part of a long-term bond-financed initiative begun in 2013.

If California voters approve Proposition 53 next week it would likely slow or prevent a $17.1 billion water project known as the California Water Fix, Fitch Ratings said in a comment.

Officials celebrate return of Ontario International Airport to local control.