California

Former San Jose Mayor Chuck Reed is among the backers of a pension reform initiative filed June 4 in hopes of reaching California voters in 2016.

Los Angeles Mayor Eric Garcetti tapped Oakland International Airport’s director, Deborah Ale Flint, to head Los Angeles World Airports.

Michelle Aguirre was named Orange County, Calif.'s chief financial officer replacing Frank Kim, who was promoted to county executive officer in May.

Moody’s Investors Service deemed the failure of a bill that would have repealed a reserve limit for California school districts to be a credit negative

Los Angeles city officials introduced a motion to place the burden of repairing and maintaining 11,000 miles of city sidewalks on homeowners and business owners.

A coalition in California is pushing to amend property tax limits created by 1978’s Proposition 13, which remains central to understanding both state and local California credit.

The Orange County Water District's approval of a non-binding term sheet to purchase water from Poseidon Water's proposed Huntington Beach, Calif. desalination plant is a credit positive , Moody's Investors Service said.

The Los Angeles City Council on Thursday passed an $8.6 billion balanced city budget for fiscal year 2015-2016.

Standard & Poor’s placed A-plus rated California on CreditWatch Positive

San Bernardino, Calif. enters the final stage of its Chapter 9 bankruptcy with a plan for its pension obligation bondholders to take it on the chin.

San Diego officials said the city will begin negotiations with the Chargers football team after a citizens' committee provided Mayor Kevin Faulconer with its final report.

Container volumes at the Port of Los Angeles dropped 6% in April compared to the same period last year, according to port officials.

San Bernardino, Calif. is now planning to give bondholders significantly worse treatment than they have received in any municipal bankruptcy to date, Moody’s Investors Service said in a comment piece.

After three years of negotiations, the Los Angeles Department of Water and Power is seeking final approval to sell its 21.2% stake in the coal-fired Navajo Generating Station in Page, Ariz., to the Salt River Project.

The Orange County Water District board voted to approve a water reliability agreement term sheet with Poseidon Water, developer of a desalination plant.

California Gov. Jerry Brown's new budget proposal offers a state earned income tax credit, a large increase in K-12 education spending, and a big deposit in the state rainy day fund.

California charter school chain Magnolia Public Schools will rekindle its growth plans after settling a lawsuit against the Los Angeles Unified School District, which had tried to shut down Magnolia’s schools there.

Standard & Poor’s revised its outlook to negative from stable on Partnerships to Uplift Communities Project Schools, Calif.’s BB-plus rated charter school revenue bonds.

San Francisco Mayor Ed Lee announced on May 12 a proposal to put a $250 million affordable housing general obligation bond on the November ballot.

Moody's upgrades Mill Valley School District, California’s bonds to Aa1 from Aa2 affecting roughly $14 million of outstanding general obligation debt.