California

Two rating agencies dropped their Los Angeles Unified School District outlook to negative from stable.

Agreements with water districts in the county next door are part of changes to the business plan that include plans to pay off bond debt early.

Two Southern California school districts received upgrades from Moody's on Tuesday. Another district was affirmed.

Eichar said Stradling's strength in working on infrastructure projects with local agencies was an attraction.

The Los Angeles County Metropolitan Transportation Authority sold about $900 million to refund older bonds and finance projects, including a subway extension.

Realty Income, a real estate investment trust concentrated in low-risk retail and industrial real estate, was the funding recipient on the $675 million deal.

Wells Fargo's Julie Barger called the investors a "who's who of buyers in the muni market" including mutual funds, ETFs, SMAs and insurance companies.

The California Municipal Finance Authority will issue $742 million in tax-exempt debt for the San Francisco Municipal Transportation Agency's first P3.

Moody's Ratings upgraded Alum Rock Union Elementary School District on proactive management actions in the face of enrollment and fiscal challenges.

Children's hospital achieves moderate to low-risk yield on junk-rated bonds boosted by insurer.

The East San Francisco Bay area water and wastewater utility will price into a market that has seen increased revenue bond issuance.

Virginia and Georgia topped the list of high performers and Alaska and California received the lowest marks in the Reason Foundation's analysis.

Nevada Treasurer Zach Conine is urging Congress to pass legislation for the automatic and timely refunding of "illegal tariffs."

San Juan Unified says it has saved $636 million on debt service over the years by keeping down maturities at the long end of GO bond issues.

A bill would make it easier for local governments in the area served by investor-owned PG&E to break off into public electricity utilities.

The initiative would create a bond-funded program to help middle-class homebuyers afford a downpayment.

Ratings analysts have thrown out warning flags about California schools, but a buyside analyst says they are a good investment.

Los Angeles' weakening fiscal picture and the city utility's exposure to lawsuit liability from the 2025 Palisades fire were cited for the downgrades.

The California complaint was filed 12 years ago.

The California High-Speed Rail Authority's draft business plan was met with a mixture of cautious optimism and sharp criticism.