California

Municipal Market Analytics expects that more California water utilities could experience bond covenant violations as they adjust to lowered revenues from conservation efforts.

A Moody's Investors Service report evaluates the risks and benefits of public and private financing amid a surge in new U.S. stadiums targeting professional football and soccer.

California city attorneys who also provide bond counsel services may not be paid based on a percentage of a city's bond issuances, according to a formal opinion from the office of California Attorney General Kamala Harris.

San Diego Chargers owner Dean Spanos said he plans to double-down on efforts to build a stadium in San Diego, though he hasn’t closed the door on a move to Los Angeles.

School and community college districts violate California law if they purposely incentivize municipal finance professionals to advocate for passage of a bond measure, said a formal opinion from Attorney General Kamala Harris.

Capital appreciation bond issuance by California school and community college districts more than tripled to $999 million in 2015 despite legislation to discourage use of the bond structure.

A lawsuit against the new basketball arena project in downtown Sacramento will end up costing the city about $27 million in extra debt service, according to city treasurer Russ Fehr.

California Controller Betty Yee urged public employee unions to negotiate prefunding of retiree healthcare benefits as her office's latest report identified California's OPEB liability at $74.1 billion.

Richard Ravitch, James Spiotto and Lois Scott are among the municipal leaders who've started an advocacy group to help local governments face what it describes as the "uncertain future" of public pension plans.

The Los Angeles Department of Water and Power may see significant changes under a ballot measure proposal introduced by a city council member.

Stock market swings could affect California's credit quality, which is linked to its ability to maintain balanced fiscal operations that are heavily linked to the stock market's performance.

California cuts road and transit project funding by $754 million over five years as fuel sales tax revenues fall in step with pump prices.

California’s legislative analyst says lawmakers should modify the state’s cap-and-trade law on greenhouse emissions to ease spending restrictions on the program’s revenues.

California Public Employees' Retirement System chief executive officer Anne Stausboll announced Thursday that she will retire as the head of the nation's largest public pension fund.

California Gov. Jerry Brown wants the state’s budget surplus spent on roads and bridges and to pay down public employee retirement liabilities.

Los Angeles City Council contemplating rate increases and governance changes at its Department of Water and Power simultaneously.

Local government lobbyists think California may have a window to pass transportation funding legislation this spring.

Mayor Eric Garcetti named his former rival's chief of staff, Claire Bartels, to head Los Angeles' Office of Public Finance.

Wilmington Trust hired two new bankers last week to bolster the company's Municipal Corporate Trust team on the West Coast.

A California pension reform ballot measure will not go before voters this year, with supporters saying they will wait for what they hope will be an easier path forward in 2018.