State of California

California faces a $117 billion highway repair backlog and the highest gas tax in the country. The question is whether the fuel-tax funded SB 1 is doing enough.

A new program would pump $5 billion of loans into the state's ports.

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

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.

$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.

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.

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

State officials who support the high-speed project are tracking discussions around the “social infrastructure” package for anything rail-related they can tap.

The city has issued a second set of bonds to fund 266 housing units that are the first of some 8,000 planned on adjoining islands in the San Francisco Bay.

The question looms as to what point heightened wildfire activity becomes a significant risk for municipal debt.

California Treasurer Fiona Ma accused of sexually harassing agency director

A double-digit return will trigger a reduction in the California Public Employees’ Retirement System's discount rate under a risk mitigation policy.

The Dormitory Authority of the State of New York overtook California for the most issuance, while New York issuers made up half of the top 10.

Ridership displacement, remote work and online shopping amplify pre-pandemic challenges such as large capital plans.

S&P Global Ratings gave California an elevated risk in the environmental category on an ESG scorecard, partly because of wildfire risks.

The amended budget bill approved by lawmakers Monday remains opaque on high-speed rail and broad band.

The agreement sets milestones for the project, expected to halve border wait times, to be completed by 2024.

The coalition wants the final budget signed by Gov. Gavin Newsom to include his broadband proposal, not the Legislature's.