California

The Long Beach Community College District in California has paid the Internal Revenue Service about $1.01 million to settle tax issues concerning its $48.37 million general obligation bond issue from 2008.

The Southern California Logistics Airport Authority's already junk-rated bonds are on review for another downgrade by Moody's Investors Service.

The California Infrastructure and Economic Development Bank reported $3.3 million in net cash flow savings on a $90 million bond pricing.

California has improved its budget practices and Virginia has enacted pension reforms, but New Jersey has been unable to get past chronic pension and budget problems, a nonprofit group found in a report released Monday.

A recent ruling by the bankruptcy judge in San Bernardino’s Chapter 9 case, and the city’s bankruptcy exit plan, are credit negatives for San Bernardino's pension obligation bond investors, according to a Moody's report.

Moody’s Investors Services raised the San Francisco County Transportation Authority’s issuer rating to Aa1 from Aa2.

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Moody’s Investors Service deemed the failure of a bill that would have repealed a reserve limit for California school districts to be a credit negative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