California

California blasts West Valley Water District for financial control failures, including awarding contracts without a bidding process.

Lawmakers have until June 15 to adopt a budget. Democratic leaders in the legislature have not embraced Gov. Gavin Newsom's proposed cuts.

The University of California and California State University systems are better positioned than many higher education peers to face the impacts of COVID-19.

Oppenheimer will have its work cut out for it with the aim of being a major player in California's municipal banking business.

Tightening spreads and low yields ended the month as demand for municipal bonds is expected to overwhelm $6 billion in volume heading to the primary.

California Public Utilities Commission approval is one hurdle for PG&E, which must exit bankruptcy by June 30 to qualify for a $21 billion bond fund.

Joseph Pollock will be responsible for covering hospitals and healthcare systems across the United States.

The bill was set aside as state lawmakers limit legislation to the issues of housing, wildfires and coronavirus. Meanwhile, more cities and counties issue POBs.

Fitch Ratings affirmed its AA rating on the department's water system revenue bonds as it revised their outlook to negative.

The path to recovery from the coronavirus — medical and economic — remains murky and unclear.

California may need to use interfund borrowing to get its budget into balance, Gavin Newsom said.

California lawmakers have tough decisions ahead as they work to balance the budget, Gavin Newsom said in introducing the "May Revise" budget.

Former California Gov. Jerry Brown thinks the U.S. and Europe should have taken a page from Taiwan’s book in dealing with the coronavirus.

While their regions, sizes and funding streams vary, several mass transit systems underscored the dire need for additional federal funding.

High-grade trading Friday showed the disparate credit picture that investors are facing; they now need to dig deeper into municipal financials and the backstops on certain bonds.

Depending on recovery, state's deficit could soar to $126 billion.

In the midst of issuer credit deterioration due to coronavirus, muni yields fell and new-deals were priced on the heels of California's $54 billion deficit news.

The state government, which was looking at multibillion-dollar surpluses before the coronavirus struck, is now facing a $54.3 billion of red ink.

The case that has the potential to upend legal precedent about how public pensions are treated in California.

The California Supreme Court will hold online oral arguments Tuesday in a public pension case that could challenge the so-called "California Rule."