California

Standard & Poor’s revised Los Olivos Elementary School District, Calif.’s outlook to stable from negative.

California’s successful water conservation efforts are a credit positive for the state’s water utilities, says Moody’s Investors Service.

California’s exceptionally strong legal protections mean sustained pension hikes for the next several years, according to Moody’s Investors Service.

The twin ports of Los Angeles and Long Beach are bracing for potential impacts from a slowing Chinese economy.

California lawmakers are getting closer to finding more money for the state's infrastructure with less than two weeks left in the regular legislative session, though deep divides remain.

Los Angeles selected as U.S. choice to compete with international cities to host the Summer Olympics and Paralympics in 2024.

Standard & Poor's has upgraded Salinas, Calif.'s sanitary sewer system revenue bonds to AA-minus from A-plus.

Metropolitan Water District of Southern California plans to appeal an adverse ruling on claims it overcharged the San Diego Water County Water Authority.

The California treasurer's office estimates the state garnered $204.7 million of present value savings on its $1.93 billion combined new money/refunding general obligation sale.

A Los Angeles Committee's bid for the 2024 Olympic Games is a "conceptual overview with limited details of how the 2024 Games would be staged," according to city analysts' report.

The California Supreme Court declined to review an appeals court's decision on a contested financing method used by Fresno Unified School District.

The National Association of Bond Lawyers has updated its bankruptcy guide for members with new information drawn from the relatively high number of municipal bankruptcy filings in the last few years.

Peter Hughes has been appointed to a three-year term as Orange County's performance audit director.

Moody's Investors Service upgraded Citrus Valley Health Partners, Calif.'s underlying revenue bond ratings to Baa3.

The oil and gas industry is pressing Congress to permit exports of crude as prices remain at the lowest since the 2008 global financial crisis. The campaign comes as Houston and other energy dependent credits face growing pain from the falling prices, according to Fitch Ratings.

Sacramento is planning to convert existing short-term debt into long-term bonds next month to finance its share of an arena for the Sacramento Kings basketball team.

Diane Stanton began work Monday as executive director of the California Health Facilities Financing Authority, a conduit issuer for the state's non-profit hospitals, according to the treasurer's office.

San Jose, Calif.’s pension settlement with the city’s police and firefighters is evidence that reducing pension liabilities will be challenging for local governments, Fitch Ratings said in a commentary.

California general obligation bonds were trading like double-A credits ahead of the state’s planned $1.9 billion GO sale, according to the Municipal Market Data scale.

Standard & Poor's affirmed its AAA rating of California Department of Water Resources water system revenue bonds for the Central Valley Project ahead of a $109 million deal it expects to price Aug. 25.