California

Congressional critic of California's $9 billion of state bonds for high-speed rail wants to repurpose the funding.

A California appeals court's ruling upholding Marin County's pension changes is a positive development for the credit of not only the county, but also California and its other local governments, Moody's Investors Service said Thursday.

California bill sparked by San Francisco embezzlement heads to governor's desk.

Far West issuers sold $44.7 billion of municipal bonds in the first half of 2016, an 8% decrease from the first six months of 2015 that was marked by a slowdown of refunding deals.

Irvine, Calif.-based Opus Bank has launched a new public finance division to pursue business with municipal issuers along the West Coast.

The Los Angeles City Council joined Los Angeles County in trying to get California Gov. Jerry Brown to declare a state of emergency for the problem of homelessness.

The California League of Cities announced that executive director Chris McKenzie plans to retire in October.

More infrastructure spending at all levels of government would be best fix for California's congested, deficient roads, TRIP says.

A study commissioned by San Diego's city government raised concerns about whether a hotel tax the Chargers football team placed on the November ballot will raise enough revenue to fund a $1.8 billion stadium-convention center project.

California Gov. Jerry Brown signs bill that would require school districts to consider county assessors' property valuations in projections on property tax base growth before issuing general obligation bonds.

Two California state lawmakers released a proposal they say would generate $7.4 billion annually for transportation, with $2.5 billion going directly to cities and counties.

A California state appeals court ruling may open the window for governments to change the future benefits of existing employees.

California's $2.7 billion general obligation bond sale will meet plenty of demand amid market scarcity and an increasingly confident view of the state's financial strength.

The California Department of Finance announced that state revenues were $330 million off expectations in July.

Los Angeles Mayor Eric Garcetti nominated David Wright to be the new general manager for the Los Angeles Department of Water and Power.

Bondholders' poor recovery relative to pensioners in Detroit was typical of municipal bankruptcies, as protecting the workforce has outweighed debt repayment in courtrooms across the nation.

Los Angeles County has given the greenlight to a public-private project for a $270 million office building for its Department of Mental Health anchored by tax-exempt bonds.

Providence Health & Services took a one-notch downgrade from Fitch Ratings, ahead of a planned &803 million revenue bond deal for Providence St. Joseph Health.

An attorney in California contends that the state treasurer erred by not allowing public comment prior to rolling out an anti-pay-to-play initiative.

Fitch Ratings upgraded California's issuer default rating to AA-minus from A-plus ahead of a $2.7 billion general obligation bond sale.