California

A fire underneath an elevated section of Interstate 10 closed a key piece of infrastructure in Los Angeles, California.

The top five bond financings have an average dollar volume of more than $1 billion.

California and Washington sold four large refunding GO deals in the competitive market while several deals of size priced in the negotiated market led by a $650 million for Arizona's Salt River Project. A constructive secondary led yields to fall three to five basis points.

October's total volume rose 29.3% to $37.156 billion in 661 issues from $28.738 billion in 614 issues a year earlier. New-money grew more than 30% while refundings were up by nearly 75%.

Bond Buyer Senior Reporter Keeley Webster shares an interview with California Treasurer Fiona Ma on her run for lieutenant governor as a prelude to a fireside chat Wells Fargo Director Julia Kim conducted with the state treasurer at The Bond Buyer's California Public Finance conference.

Fitch Ratings did a deep dive on the nation's major airport capital programs, as projects have begun, and how they plan to fund them.

Leaders of the African-Americans in Public Finance and Latinos in Public Finance hope to mirror the success of the Asian affinity group, the largest such assemblage.

At least two schools are facing the legal costs of terminating the transactions as well as pursuing alternative financing for almost $500 million in construction projects.

Pessimism reigned during the state of the union panel at The Bond Buyer's California Public Finance conference in San Francisco.

The top five bond financings have an average dollar volume of more than $1.2 billion.

California received a negative outlook from the rating agency in May amid revenue uncertainty. The Public Works Board lease revenue bonds are rated Aa3.

The California governor is this week signing bills to alter the state's mental health policies in a package that includes a $6.3 billion state bond measure.

Municipal yields fell up to three basis points, depending on the scale, but underperform a better UST market.

The Bond Buyer's Keeley Webster talks ratings, fare integration and potential solutions to the Bay Area Regional Transit's current challenges with Bryant Jenkins, a managing principal with Sperry Capital. (34 minutes)

Fitch Ratings replaced its negative watch with the negative outlook, citing the lack of clarity around contractor claims of cost overruns.

September's total volume ticked up 1.2% to $27.585 billion in 531 issues from $27.251 billion in 592 issues a year earlier. However, the month's total is lower than the $30.652 billion 10-year average, according to Refinitiv data.

California lawmakers have asked the state Supreme Court to block a ballot measure that would radically alter the state's tax structure.

Two out of three Californians said they expect bad economic times in the next 12 months, according to a Public Policy Institute of California poll.

California priced $625 million in State Public Works Board lease revenue bonds this week.

The rating agency removed the negative outlook it had assigned after the community college district's accreditation was threatened.