California

New groundwater legislation signed by California Gov. Jerry Brown will benefit water agencies in the long run, but won't make much of a difference in mitigating current pressures caused by the state's drought, according to Fitch Ratings.

California's new groundwater laws are a credit positive for the state's economically struggling Central Valley region, according to Moody's Investors Service.

Orange County, Calif. registered voters surveyed by an opponent of a Foothill/Eastern toll road extension expressed skepticism about those extension plans.

California is making its debut into the "green bond" market next week with its $2.3 billion general obligation bond sale.

The credit quality of California's water and sewer utilities will not be significantly impacted by the state's drought, according to Moody's Investors Service.

An attorney representing defendants in a Victorville, Calif. bond fraud lawsuit pleaded guilty in a separate case to charges of money laundering and witness tampering.

The state of California is planning to sell $110 million of general obligation bonds for the state's Department of Veterans Affairs mortgage loan program in a competitive offering on Thursday.

The San Francisco Airport Commission is expected to sell $481 million of revenue bonds Tuesday to finance and refinance new capital projects at the airport.

A court ruling striking down a vote by hoteliers approving a bed tax for a planned San Diego convention center expansion demonstrates the power of Proposition 13, Fitch Ratings said in a report.

City, state, and school officials gathered Friday to celebrate San Jose, Calif. and Santa Clara Unified School District's joint $80 million purchase of state-owned land.

The judge in the San Bernardino bankruptcy case tentatively ruled Thursday that the city could reject its current collective bargaining agreement with the firefighter's union.

Fitch Ratings has upgraded more than $720 million of debt issued for the San Francisco Bay Area Rapid Transit System.

California cities are moving ahead on convention center expansions despite lingering questions about whether convention center expansions pay off for cities.

In its smallest cash-flow borrowing deal since 2006, California achieved a record-low interest rate on its $2.8 billion sale of revenue anticipation notes on Wednesday.

California's state controller released a monthly report this week, showing the state's revenues for the month of August came in below estimates.

Another two petitions have been filed asking the California Supreme Court to review a recent decision to allow the High Speed Rail Authority to issue bonds for the rail project.

Termed out Los Angeles County Supervisors Gloria Molina and Zev Yaroslavsky are taking different paths after serving two decades in their seats.

A review of the California Public Employees' Retirement System by the state controller's office found no incidences of pension spiking, but did find deficiencies in the system's approach to monitoring abuse.

California Controller John Chiang unveiled a new website on Monday that lists more than 13 million fields of financial data for cities and counties throughout the state.

Poway Unified School District, the California school district that sparked state legislation limiting school district capital appreciation bond issuance, is contemplating a bond buyback and refinancing to retire some of its more expensive CAB maturities.