California

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.

San Bernardino bondholders suffered a key bankruptcy court defeat this week as the city’s bankruptcy exit plan advances.

California has $80 billion of highway needs through 2025 with only $20 billion of available transportation funding.

Moody's Investors Service and Standard & Poor's both downgraded the California Institute of May 11 ahead of a $400 million taxable bond deal it plans to price on May 14.

The California State Water Resources Control Board's new water conservation mandate will reduce revenues available to pay bondholders, Fitch Ratings said.

Los Angeles Mayor Eric Garcetti announces new transportation technology advisor fellowship.

Turnover on the Poway, Calif. school board appears to have stalled movement toward refinancing and restructuring its controversial capital appreciation bond deal, which triggered state legislation limiting school district CABs.

The California’s Legislative Analyst’s Office released a review of the state sales tax May 6

California’s state’s personal income and corporate tax receipts for April were a combined $1.8 billion above projections for the month, according to information released by the Franchise Tax Board.

The California State Water Board’s newly approved water conservation rules will challenge some water utilities more than others, Fitch Ratings said.

Standard & Poor's Ratings Services revised its outlook on the California State Teachers' Retirement System to positive from stable and affirmed its AA-minus issuer credit rating