California

California should focus on addressing more of its $340 billion in long-term debt obligations, according to a recent report from the Legislative Analyst's Office.

A recent ruling from the California Supreme Court not to review an decision on other post-employment liabilities is a credit positive for California local governments, though challenges remain, credit rating agencies say.

California tax revenues came in at almost $14 billion for the month of April, beating estimates by $300 million, according to a report from the state controller, John Chiang.

In what could be the final chapter in its Chapter 9 proceedings, Stockton will head to court next week to try and convince a U.S. bankruptcy judge that it has a recovery plan that will work.

San Francisco is proposing a $500 million general obligation bond as part of a $1.5 billion transportation package for the November ballot.

California Gov. Jerry Brown's new rainy day fund proposal could help improve the state's credit quality, according to a report from Standard & Poor's.

As California's housing market recovers, property tax payments for some will likely increase by more than 10% for the next several years, causing local property tax revenues to grow, according to California's legislative analyst's office.

The California Public Employees' Retirement System has filed a friend of the court brief in support of appeals to Detroit's eligibility to be in bankruptcy.

Moody's Investors Service has issued a report stating the proposal by a commission calling for external rate regulation and greater oversight of the Los Angeles Department of Water and Power would be credit negative if implemented.

Fitch Ratings said it could upgrade the ratings on tax allocation bonds issued by former redevelopment agencies based on some positive effects of dissolution legislation.

Huy Fong Foods, maker of the popular Sriracha sauce with the Rooster emblem, appears to be winning a battle in the court of public opinion with Irwindale, Calif. over odor complaints.

Gov. Jerry Brown appeared before a special legislative committee this week to endorse his proposal for a new Rainy Day Fund for California.

The Los Angeles City Council Tuesday approved the appointment of Sharon Tso to be the city's next legislative analyst.

Investment advisors gave their take Tuesday at the Milken Institute Global Conference on investments at a time when questions are rising about the status of the economic cycle.

Siebert Brandford Shank & Co. has expanded on the west coast and in Texas with addition of two municipal finance veterans.

The amount of capital appreciation bonds issued by school districts in California declined substantially in 2013 from previous years, according to the California Debt and Investment Advisory Commission.

A review from Fitch Ratings of sales tax revenues among local governments in California shows the economic recovery has been uneven.

Palo Alto, Calif.-based Lucile Salter Packard Children's Hospital received Double A ratings from the three top rating agencies ahead of plans Monday to price $100 million in fixed-rate revenue bonds and $100 million of unrated, private placement, variable rate bonds.

Deciding a letter was not enough, U.S. Rep. Tony Cardenas followed up with a visit Tuesday to the factory of the popular Sriracha hot sauce under fire from residents and the Irwindale City Council.

California Gov. Jerry Brown Jr. appointed Jodi Remke as chairperson of the California Fair Political Practices Commission on April 23.