California

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.

San Francisco’s water utility will issue almost $860 million of water revenue refunding bonds in a negotiated deal.

California’s treasurer blocked Wells Fargo from bond underwriting and other business relationships, as shockwaves from a fake accounts scandal in the company’s retail bank rocked the fifth-largest municipal underwriter.

California Treasurer John Chiang will make an announcement regarding Wells Fargo Bank at a press conference this afternoon.

S&P Global came out with three favorable reports on California.

San Diego Trolley's $1 billion federal grant is a credit positive for the transit expansion, Moody's Investors Service said in a report.

Investors have yet to reward green bonds with better pricing, but there is growing demand for the niche, according to one speaker at the Bond Buyer’s California Public Finance conference.

Just under half of likely voters in California favor approval of a $9 billion school bond measure, according to a survey by the Public Policy Institute of California.

San Diego-based Palomar Health is set to issue more than $400 million of refunding bonds in the next two weeks, split between investment-grade general obligation debt and junk-rated revenue bonds.

California public power credits should remain strong through a “radical transformation” of the state’s energy supply caused by legislative mandates to reduce greenhouse gas emissions, Fitch Ratings said Tuesday.

Voter-approved bonds are providing loan money to support the creation of affordable rental homes for San Francisco’s low-income and homeless families and seniors.