California

California Treasurer John Chiang has formed a cannabis banking group to help marijuana growers gain access to banking.

The San Francisco Public Utilities Commission has issued $259 million of taxable water revenue bonds, certified as green bonds through the Climate Bond Initiative.

The board of the California Public Employees’ Retirement System could decide as soon as Dec. 20 on the best method of reducing its rate-of-return expectations

The California High-Speed Rail Authority board approved two funding plans that will clear the way for it to sell $4.7 billion in bonds.

Jason Kissane, a managing director at Assured Guaranty, won the California Society of Municipal Analysts’ 6th Amy S. Doppelt Award for Meritorious Service.

The City and County of San Francisco has invested $4.5 million into a public/private partnership aimed at reducing homelessness.

California collected nearly $8 billion in revenues for November topping projections in the governor's 2016-17 budget by 7.5%.

The Federal Bureau of Investigation is probing allegations that a Compton, Calif. deputy treasurer stole money from the city.

After more than four years, San Bernardino has a clear path to exit its Chapter 9 bankruptcy.

A bankruptcy judge will hear from last major holdout in the San Bernardino, Calif. bankruptcy case.

Energy-producing states affected by two years of deterioration in natural resource prices can expect continued global headwinds to pressure revenues, according to Fitch Ratings.

Los Angeles City Administrative Officer Miguel Santana is stepping down from his current role to work for the Los Angeles County Fair Association.

Voters’ approval of the Los Angeles Metropolitan Transportation Authority’s latest sales tax measure has spurred interest from private industry in partnering with the transit authority.

A proposed new arena is closer to reality after another courtroom win on Tuesday.

Catholic Health Initiatives, one of the nation’s largest nonprofit health care providers, is in danger of a downgrade from S&P Global Ratings after analysts placed its A-minus rating on its negative watch list.

Citigroup Global Markets Inc. scrapped the closing on $377.6 million in revenue and general obligation bonds it priced for El Camino Hospital in northern California after the U.S. Justice Department subpoenaed documents from the hospital.

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.