California

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.

The Los Angeles Rams' planned stadium in Inglewood, Calif. is a credit positive for the city, Moody's Investors Service said.

The San Francisco Bay Area Restoration Authority will ask voters to impose a new parcel tax in that could be used as a means to back bonds.

Long Beach, Calif. is using a public-private financing method rarely seen outside the transportation sector in the U.S. to build a new city hall, port headquarters, library and park.

The St. Louis Rams beat out two other National Football League franchises and won the league’s permission to relocate to the Los Angeles area, where they plan to build a stadium in Inglewood.

The Los Angeles school board named Michelle King superintendent of the nation’s second largest school district on Monday.

The restrained budget proposed by California Gov. Jerry Brown will not require the state to issue short-term notes to smooth out cash flow in fiscal 2017, according to Fitch Ratings.

California revenues beat projections by $844.6 million for the first half of the 2015-16 fiscal year.

The U.S. Army Corps of Engineers plans to spend $3.6 million in federal funding for flood protection along the Los Angeles River as El Nino storms continue to roll in.

A lawsuit filed late last week seeks to block construction Golden State Warriors event center and mixed-use development project in San Francisco.

The California Health Facilities Financing Authority will issue $500 million of revenue bonds next week for the Sutter Health hospital system in Northern California.