California

The anticipated merger of two West Coast hospital systems will not impact their AA-minus bond ratings, according to a S&P Global Ratings report.

California Treasurer John Chiang reassured Californians that he is monitoring the impact of Brexit on state finances.

The University of California, Merced, is closing in on formal execution of a $1.1 billion public-private partnership to nearly double the physical capacity of the campus by 2020.

California and Oregon voters may soon have the opportunity to vote on controversial soda taxes which could bring in millions of extra dollars annually.

San Diego’s Regional Transportation Agency faces opposition from environmental groups to a tax measure for November’s ballot that would raise $18 billion for the region’s transportation project

California revenues came in $7 million above the month’s forecast for May, the state’s Department of Finance reported.

California lawmakers approved a $122.5 billion budget that largely followed the blueprint Gov. Jerry Brown outlined in May, but also failed to tackle the issue of the state’s crumbling roads and highways.

The California election results demonstrate strong voter support for tax increases, a credit positive, according to a Moody’s Investors Services report.

Cash-strapped colleges and universities are increasingly likely to opt for P3 financing of campus infrastructure.

San Bernardino is negotiating with smaller creditors after having reached tentative agreements with employee unions, California Public Employee’s Retirement System and pension bondholders.

The city of Los Angeles is set to offer $1.46 billion of tax and revenue anticipation notes on Tuesday, June 21, in what will be the largest TRAN offering in the United States this year.

California's new, higher legal smoking age of 21 heralds more trouble for tobacco securitization debt, said analyst Richard Larkin.

Legislation to require California issuers to provide significantly more information about their bond payments and uses of proceeds appears to be marching toward passage.

The California legislature will vote Wednesday on whether to approve a compromise legislative leaders reached on the state’s proposed $169.3 billion budget.

In a first of a kind case, two California-based municipal advisory firms and their executives agreed to pay a total of $200,000 to settle Securities and Exchange Commission charges that they used deceptive business practices in dealing with five school districts.

Mesirow Financial has appointed Blake Anderson to a newly-created position leading client portfolio strategy in its institutional sales and trading group.

The San Francisco Bay Area Rapid Transit District Board of Directors has voted unanimously to place a $3.5 billion general obligation bond measure on the November ballot.

California revenues fell short of estimates in Gov. Jerry Brown's 2016-17 proposed budget, according to State Controller Betty Yee's monthly cash report.

California's controller, governor and some senators are calling for tax reform that would help eliminate the volatility inherent in dependence on taxing the state's affluent residents.

Leaders in California's largest cities are contemplating bond measures and tax increases to tackle worsening homelessness crisis, including an unprecedented local income tax in Los Angeles County.