California

The Washington-based system faces challenges, including operating pressures, variable utilization, and weaker liquidity making it more difficult for it to absorb the impact at its previous rating level.

Montebello Unified priced a $12.2 million tax-exempt refunding, but didn't execute a planned taxable tranche.

The city is pricing $168 million of subordinate wastewater revenue bonds on Tuesday. The system's main plant spilled raw sewage into Santa Monica Bay last year.

California Gov. Gavin Newsom and his party's leaders have proposed conflicting plans to give residents relief from gas taxes.

A large portion of Long Beach's downtown has been reshaped using public-private partnerships that delivered a new state courthouse and a city civic center.

The California Health Facilities Finance Authority will price the final authorization of $1.05 billion from the $2 billion program on Tuesday.

The Sites Reservoir received two doses of good news on its financing last week — a federal loan and an increased allocation from a 2014 statewide bond.

The state's workaround to the cap on state and local tax deductions in the 2017 federal tax law might be artificially elevating the figures.

The enrollment controversy hasn't affected the nine-campus University of California system's bond ratings.

The American Rescue Plan Act helped cities avoid insolvency after the pandemic struck, some mayors said.

California's housing crisis and rising gas prices and inflation are hot-button issues as Gov. Gavin Newsom's May budget revision draws near.

The Investment Company Institute on Wednesday reported another round of large outflows, this week at $3.502 billion, up from $2.647 billion of outflows in the previous week.

Russia’s invasion upends a return to normal as the economic impact of COVID-19 wanes, UCLA Anderson Forecast economists said.

Secondary trading showed weaker prints, moving triple-A yields higher by three to seven basis points, outperforming larger losses in UST. California priced $2.2 billion of GOs for retail.

The lawsuits challenge the procedures the NFL used to move the San Diego Chargers to Los Angeles.

As municipals continue to underperform the moves in U.S. Treasuries, current ratios are attractive and present a buying opportunity.

Market volatility has risen significantly, particularly in the last several weeks, with daily Treasury yield swings of 10 basis points or more becoming the norm with municipals struggling to stabilize.

The city's current trajectory could drive per-unit costs to $1 million, according to the audit by City Controller Ron Galperin.

Issuers in California sold more than $86 billion of municipal bonds in 2021.

The climate change pilot program fund has attracted more than 40 interested parties seeking $47 million of funding.