California

Former U.S. President Bill Clinton co-hosted a meeting in Los Angeles aimed at finding new ways to develop public-private partnerships to fund climate-friendly infrastructure projects.

Moody's Investors Service upgraded the California Housing Finance Agency's revenue bonds to two notches A1 from A3 ahead of its $38 million bond sale.

California's state controller John Chiang announced a website that will track the funds collected under Proposition 30, the measure that increased the state's income tax and sales tax.

The average fee that state and local governments in California pay bankers to underwrite their municipal bonds hit a record low last year at $3.98 per $1,000 of bonds sold.

Two separate forecasters said Wednesday that while California's drought is significant for agriculture, the impact looks to be marginal for the state's larger economy.

Two separate sales tax measures that pit street repairs against mass transit projects are being floated in Los Angeles County.

Stradling Yocca Carlson & Rauth completed distinct more municipal bond transactions in California than any other law firm in 2013 according to Thomson Reuters.

The credit quality of California's water and public power utilities is expected to remain strong over the next year, but could be pressured in the future, according to Fitch Ratings.

More Californians said they would support an $11 billion water bond this year, compared to last year, according to a recent survey.

California cities that collect a property tax for pensions say a snafu in the state's process of winding down redevelopment agencies is hurting the cities' ability to service pension obligation bonds and threatens deficits and layoffs.

Standard & Poor's has upgraded the rating on San Jose-Evergreen Community College District's general obligation bonds based on its improved financial performance.

The University of California will bring $950 million of revenue bonds to market next week in a tax-exempt and taxable deal to fund construction projects throughout its campuses.

The Fix L.A. Coalition, a group of union and progressive organizations, released a report suggesting the city could substantially reduce the $204 million in bank and money management fees that it paid last year to Wall Street firms.

Moody's Investors Service affirmed San Diego Unified School District's Aa3 general obligation bond rating.

The Anaheim Public Financing Authority plans to price $265 million of lease revenue bonds on Tuesday to fund an expansion of the Anaheim Convention Center.

Hercules officials said they plan to seek to have the city's CCC-plus rating from Standard & Poor's reinstated.

Urban Futures, the company acting as financial advisor to San Bernardino during its bankruptcy, hired John Phan as a principal in the firm's Orange, Calif., office.

The California State Public Works Board is planning to sell $793 million of revenue bonds next week to finance on behalf of the California Department of Corrections and Rehabilitation construction costs for a state prison and correctional facility.

The postponement of a pension reform measure that was headed for the November ballot is a credit negative for California's local governments, Moody's Investors Service said.

Detroit's treatment of its general obligation bonds could have broader implications in the municipal bond market, but California's GO bond pledge will remain strong, market experts say.