California

City department heads are being asked to identify projects that would be eligible for federal funding.

Gavin Newsom lauded the $15 billion approved by lawmakers for climate change, but transportation was left out in the cold.

An S&P Global Ratings analyst says the foregone rental assistance funding isn't likely to be a credit issue for the state in the near term.

The pluses and minuses of breaking up the 70-year-old Santa Monica-Malibu Unified School District will be weighed during a public hearing Saturday.

With more than 9 million votes counted as of Wednesday morning, 63.9% voted "no" on the effort to recall Gavin Newsom and remove him from the governor's office.

Large new issues from California, New York utilities and airport deals were repriced to lower yields and remained the focus for the municipal market, again ignoring a swing by U.S. Treasuries.

Market participants welcomed the municipal-related provisions in the reconciliation bill but are hesitant to start making bets on its passage.

A larger new-issue calendar greets investors with a lot of cash on hand and strategists expect municipal yields to rise as the calendar builds.

$2.75 billion is available to build permanent housing for unhoused people, California Gov. Gavin Newsom said at a press conference.

The state prices $2.1 billion for institutions on Tuesday, also the date of the statewide vote on whether to recall Gov. Gavin Newsom.

Four men with City of Industry links were charged after a solar farm project resulted in the alleged theft of $20 million in public funds.

Melissa Norcia, appointed Tuesday, will begin her new duties on Sept. 15.

Analysts cited long-term structural balance and high reserves in lifting S&P's outlook on the Golden State's AA-minus rating.

California's drought makes the argument that the San Diego County Water Authority's choice to build a P3 coastside desalination plant was correct.

The nearly 40% year-over-year decrease is a result of various factors including rising interest rates, other financing tools, such as forward delivery bonds, and simply that refundings are in less demand from issuers.

Moody's assigned its Baa1 rating to the California Institute of the Arts, which traces its lineage to Walt Disney, ahead of the university's $33 million debut in the public debt markets.

Paul Arevalo, who joins as a managing director in Pasadena, adds to the broker-dealer's California growth path since it entered the state a decade ago.

New money volume in the Far West was up 31.9% to $29.5 billion, while refunding volume rose a more modest 11%.

State lawmakers will have funds to work with as they has out details of the budget they enacted earlier this summer.

Fitch Ratings also maintained a negative outlook on BART.