California

In the expensive aftermath of recent natural disasters, some local governments are working to mitigate the impacts of weather-related events that could occur in the future.

The pressure of meeting retirement obligations is likely to remain a major policy problem for many California cities, highlighted by the Stockton and San Bernardino Chapter 9 bankruptcies.

California's plan to build a $68 billion high speed rail system in the state is being challenged by two counties and a city, which say the plan violates the state's environmental laws.

A court ruling that California teacher tenure laws in California are unconstitutional could have positive credit implications for school districts, according to Standard & Poor's.

For the first time in six months, California's tax revenues have come in lower than expected, according to a report from State Controller John Chiang

The California Department of Finance scored a win in its court battle with San Bernardino over money transferred to the city following the dissolution of its redevelopment agency.

San Juan Unified School District, Calif. front-loaded its bond repayment schedule with short-term debt to make sures a larger share the general obligation bond levy taxpayers pay goes to principal instead of interest.

Los Angeles Unified School District will price a $1.7 billion refunding into a market hungry for new bonds on Thursday.

Moody's Investor Services on June 5 upgraded the California Educational Facilities Authority Pooled College and University Projects 1999B pool rating to Baa1 with a positive outlook.

A Los Angeles charter school received a junk rating of BB-plus with a stable outlook from Standard & Poor's ahead of a $35 million new money/refunding expected to price in June.

The California State Legislature has five water bond proposals to consider in the next couple weeks as the June 26 deadline to pass legislation approaches.

At least another month will pass before a judge decides if Stockton, Calif. can exit Chapter 9 bankruptcy, after U.S. Bankruptcy Judge Christopher Klein set another hearing for July 8.

Bond measures met a largely successful reception Tuesday in California's primary election, which also set November races for state offices.

The San Diego County Water Authority says state and federal regulators need to be more transparent and thorough in explaining a proposed $25 billion Sacramento-San Joaquin Bay-Delta water tunnel project.

Standard & Poor's June 2 raised its long-term and underlying rating to AA-plus from AA on San Bruno, Calif.'s pension obligation bonds and certificates of participation, impacting nearly $23 million in debt.

Los Angeles Mayor Eric Garcetti launched a Great Streets initiative by announcing on June 3 the first 15 streets that will be targeted in the city.

San Francisco Mayor Ed Lee released his spending plan for the next two years, which includes a $500 million general obligation bond, and investing $94 million in affordable housing projects.

The Securities and Exchange Commission's voluntary self-disclosure initiative sparked questions during a California Debt and Investment Advisory Commission webinar.

Bert A. Betts, who served as California's state treasurer in the 1950s and 1960s, has died at age 90.

San Pablo, Calif., acting as successor agency to its former redevelopment agency, is planning to a $52 million refunding deal to save millions in debt service payments.