California

Moody's Investors Service upgraded Manhattan Beach Unified School District's general obligation bonds to Aa1 from Aa2 affecting $151.2 million in debt.

Los Angeles has agreed to return control of LA/Ontario International Airport to an Ontario, Calif.-based local authority.

Tax reform proposals in California are spreading like mushrooms as elected officials and public policy groups discuss changes to income taxes, sales taxes and property taxes.

The San Diego County Water Authority prevailed in a lawsuit targeting, among other things, the $1 billion Carlsbad desalination plant expected to begin operations later this year.

California leaders marked the final payment on $15 billion in bonds issued in 2004 to close a deficit.

Moody's Investors Service dropped Richmond, Calif. to junk late Tuesday with a three-notch downgrade that brought the city's implied general obligation rating to Ba1.

Challenges to $9 billion of bonds to pay for California's $68 billion high speed rail project are far from over.

Within hours of the Obama Administration's release of the final Clean Power Plan on Monday, opponents vowed to take legal action to block the rule while others hailed the measure.

Moody's Investors Service revised the outlook on Los Angeles County's $1.6 billion in outstanding debt ahead of plans to refund $205 million in lease revenue bonds.

San Bernardino reached a tentative agreement with the police union, but negotiations continue with its firefighters’ union and the holder and insurer of its pension obligation bonds.

Standard & Poor's placed Palm Drive Health Care District, Calif.'s revenue debt on negative watch due to lack of timely information.

The backers of a ballot measure to give voters direct decision-making authority over California pensions are waiting to see how the state attorney general treats it.

Lawmakers in Sacramento are trying to solve a very big and expensive puzzle: how to fund California’s estimated $5.7 billion annual infrastructure funding gap.

San Diego city and county leaders said they remain optimistic about the city’s chances of retaining its National Football League team following a meeting with league officials on Tuesday.

Moody’s Investors Service downgraded Lake Elsinore Unified School District, Calif.’s issuer rating to A3 from A2 and assigned a negative outlook.

Supporters of a California state school bond measure say they are confident of meeting a September deadline to gather enough signatures to place it on the November 2016 ballot.

Sacramento is set to sell $282 million of bonds to finance a basketball arena after prevailing in a lawsuit challenging the validity of the debt.

Freight transport executives are pushing Sacramento to support California ports by making them a funding priority.

Santa Barbara, Calif., will borrow $55 million from the state to reopen a closed desalination plant as it deals with a serious drought.

In a report with statewide resonance, an Orange County, Calif. civil grand jury report criticized the oversight of $2.7 billion of debt issued by community facilities districts in the county.