California

State lawmakers approved a trailer bill to last year's budget that aided Medi-Cal and provided funding to local governments affected by January's wildfires.

The lawsuit says Education Secretary Linda McMahon illegally decided not to honor the extension of previously approved COVID-19 relief grants. 

Districts most vulnerable to cuts in federal programs are those already struggling from enrollment declines and other challenges.

The county will likely tap reserves, issue judgment obligation bonds and make departmental cuts to cover the $4 billion settlement.

New York Power Authority CFO Adam Barsky and Battery Park City Authority CFO Pamela Frederick join The Bond Buyer's Lynne Funk to unpack the far-reaching consequences of eliminating, reducing, or limiting the federal tax exemption for municipal bonds.

Foothill Gold Line Construction Authority had to rethink the final leg of a 60.2-mile light rail line when the contractor's final bid came in 50% higher than its estimated project costs.

California's High Speed Rail Authority has until June 2026 to figure out how to close a $7 billion budget hole, said the LAO's principal fiscal and policy analyst at a budget hearing.

California plans to price $2.5 billion in new money and refunding general obligation bonds next week, with retail orders Tuesday and final pricing Wednesday.

The Los Angeles Legislative Delegation penned a letter to state budget leaders asking for $1.9 billion in fire recovery aid for the city after meeting with city leaders.

The Los Angeles-based fund manager has expanded into debt financing to offer affordable housing developer clients a lower cost of capital.