California

Los Angeles Department of Water and Power electric rate hikes that will support more than $2 billion in revenue bonds passed a first vote of the Los Angeles City Council.

Law firm Stradling Yocca Carlson & Rauth has added attorney Mary Kimura to its public finance practice in San Francisco.

The Los Angeles City Council appears likely to approve on Friday the environmental report and development agreement for a proposed $1.2 billion professional football stadium in downtown L.A. despite recent reports that AEG, the developer, is on the auction block.

The San Francisco Community College District is struggling to remain solvent and accredited, but holders of its $370 million of debt are well insulated.

Los Angeles World Airport Officials plan to explore private placement in selling $1 billion in bonds over the next 18 months.

Retail investors gobbled up nearly two-thirds of California's $1.55 billion general obligation bond sale.

Devastated by the recession, recovering Riverside County, Calif. to issue $145 million in Teeter notes.

The recent controversy over the way some California school districts use capital appreciation bonds may reflect the law of unintended consequences.

Atwater, Calif., a city of more than 28,000 in Merced County in California's Central Valley, is considering declaring a fiscal emergency that would allow it to file for bankruptcy

Los Angeles City Council plans on Tuesday to discuss a pension reform plan that impacts future employees and could save up to $70 million.

Lisa Telles has been named acting chief executive officer of the Transportation Corridor Agencies, Orange County, Calif.'s 67-mile toll road system.

California has somehow managed to outpace the country in job creation numbers even as the state posts a 10.7% unemployment rate, according to the newest UCLA Anderson Forecast.

California general fund revenues in August came in $138 million above forecasts in the adopted state budget.

Fitch Rating analysts suggest three recent California bankruptcies could lead to more California cities filing for Chapter 9 bankruptcy.

Victorville staff have recommended that the City Council reject the claims by Kinsell, Newcomb & De Dios for their costs in dealing with probes by the Securities and Exchange Commission and the San Bernardino County grand jury stemming from bond deals involving KND.

Rate hike approvals passed by the Los Angeles Board of Water and Power commissioners on Wednesday mean the utility can move forward on infrastructure improvements.

Moody's Investors Service Tuesday downgraded the Santa Ana Unified School District, Calif. general obligation rating to Aa3 from Aa2.

Los Angeles officials bumped up the cost projections by $40 million for a new wing on the Los Angeles convention center planned in conjunction with a proposed football stadium.

Approval was seen as likely for a plan by the University of California, Los Angeles to build a conference center and 250-room hotel in the heart of its campus.

California Controller John Chiang said recent audits of Hercules, Calif. found $50 million of questionable charges to its redevelopment agency.