California

The state seeks "long-term stable funding" to advance the nation's largest infrastructure project, which remains in slow motion after almost 15 years.

Redwood City-based Summit Public Schools had its bond rating downgraded to Ba3 from Baa3 by Moody's and its outlook revised to negative.

The watchdog would have the power to subpoena data from oil companies.

"What is happening at Silicon Valley Bank is on everyone's mind," UCLA Anderson Forecast Director Jerry Nickelsburg said at its quarterly economic update.

Finding matching dollars, politics, and competition turns up the heat on state officials.

While other issuers have suffered ratings hits or had them withdrawn, California's ratings have not been impacted by its now perennially late ACFR.

The Bay Area Rapid Transit inspector general departed early saying the board obstructed her work.

Huntington Beach leaders say they are countersuing because the state is trying to micromanage the city's planning and zoning process to gain more housing.

The income tax filing deadline for 51 of California's 58 counties was moved to October, which means the usual April read on revenues may be less informative.

Nossaman renames its pension practice to reflect a broader service offering as Michelle McCarthy comes on board.

One public hospital district violated a debt service covenant and was downgraded to junk; the other declared a fiscal emergency and seeks an outside partner.

The San Francisco Bay Area Rapid Transit District relied on fare revenue before the pandemic. Ridership has lagged since COVID, and so have revenues.

A bill introduced by Sen. Dave Min would prohibit banks that invest in gunmaking from working on any aspect of state public finances, including bond sales.

A substantial drop in new money volume sets California and the Far West apart from the the country.

The Chamber of Commerce added Sen. Nancy Skinner's bill codifying the governor's proposal on oil companies to its 2023 job killer list.

O'Connor was nominated by Treasurer Fiona Ma for her work on a trust fund program for foster kids and another that finances green P3s.

A California conduit will price private activity bonds to replace the intakes for a San Diego County water desalination plant.

San Francisco is one of a handful of Bay Area cities to meet a state deadline to deliver a blueprint to manage the housing crisis by permitting many new homes.

The funding will help facilities in the state deal with the nurse and doctor shortage, and increase IT projects to bolster its Medi-Cal system.

California's bond ratings are likely to escape unscathed from the atmospheric rivers that caused an estimated $646 million in damage to the state's infrastructure.