California

California voters will vote on 197 state and local bond measures Nov. 8, asking for almost $42 billion of general obligation bond authority.

Moody’s Investors Service upgraded the ratings on more than 90% of the 200 California credits it reviewed as a result of changes to the way it views lease revenue bonds and comparable debt.

California's strong incentives for electric vehicle ownership is a credit positive for the state's utilities, but the credit implications are mixed for the state itself, according to a Moody's Investors Service report.

Public finance veteran Steve Juarez was appointed deputy treasurer in charge of economic development programs and higher education policy today by California Treasurer John Chiang.

California needs to spend $7 billion annually to make city and county streets and roads safe, according to a new report funded by local governments and transportation agencies.

California's gross domestic product has grown enough to earn it a ranking as the fifth largest economy in the world, but that distinction does not quiet critics at the Milken Institute's California Summit who say the state has an anti-business climate.

Northern California’s East Bay Municipal Utility District has suspended Wells Fargo from investment, broker-dealer and underwriter business for one year, though it won’t upend existing liquidity agreements.

An alignment of Catholic Health Initiatives with Dignity Health to create one of the nation’s largest nonprofit health-care providers would be a positive credit factor for the two organizations, according to Moody’s Investors Service.

Catholic Health Initiatives and Dignity Health are in negotiations that could result in creation of the nation’s largest nonprofit hospital chain or another form of “alignment.”

Vernon’s electric system revenue bonds were downgraded two notches to Baa3 and received a negative outlook as a result of chronically weak financial metrics.

Oakland, Calif., Mayor Libby Schaaf said she remains committed to keeping the National Football League's Oakland Raiders, but will not use public money to win a bidding war against Nevada.

The Los Angeles school board refused to renew three charters for a charter school system with outstanding bonds that has faced financial problems and questions about connections to Turkey’s coup.

California tax revenue came in $217 million below the expected $24.8 billion for the first three months of fiscal 2017 , according to a California Department of Finance release.

Lawmakers gave the California Infrastructure and Economic Development Bank approval to hire new staff, growing employee numbers by nearly one-third.

California has enhanced its ability to borrow money cheaply and nudged its credit rating into high-grade territory amid a period of rising investor clamor for its bonds, according to the annual Debt Affordability Report from State Treasurer John Chiang.

Vallejo, Calif. received a ratings boost from S&P Global Ratings partly based on anticipation that a temporary sales tax measure could be made permanent in November.

A measure to legalize recreational marijuana in California has economists and municipal bond participants contemplating the economic impact.

Fieldman, Rolapp & Associates principals reflect back on changes wrought for municipal advisors during their 50 years in business.

Los Angeles County lease-revenue bonds and certificates of appreciation received a one-notch Moody’s Investors Service upgrade to Aa3.

The UCLA Anderson Forecast economists discussed what impact policies proposed by the presidential candidates would have on economic growth.