California

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.

Neither Toni Atkins, the Democratic Senate president pro tem, nor Brian Jones, leader of the Republican minority, want to tap the state's reserve funds.

A California treasurer's conduit approved a $135 million bond-funded grant for Loma Linda University Children's Hospital.

A demand survey conducted by CDLAC in November foreshadowed $11 billion in requests from applicants for the state's private activity bonds.

Toks Omishakin's second year as State Transportation Agency secretary is off to a challenging start between massive rainfalls and proposed budget cuts.

Moody's downgraded St. Mary's College of California to Baa3 with a negative outlook, affecting $53 million in debt issued through the California

California Gov. Gavin Newsom's proposal reverses plans laid out in last year's budget to redeem some bonds and use cash rather than bonds for some projects.

Underwriting specialist Alice Livingston joined Stern Brothers this month.

Prager filed with for dissolution with FINRA last month and Dallas, Texas-based HilltopSecurities stepped in to snap up the bankers in a move that will bolster its East and West Coast muni presence.

The county supervisors follow a similar declaration from Los Angeles Mayor Karen Bass to speed up efforts to deal with the homelessness crisis.