Economy

Fitch revised upward its outlook for Marin General Hospital and affirmed its revenue bonds at BBB, and general obligation bonds at AA-minus.

The results of two investigations into overcharging on San Diego's SR 125 toll road revealed management knew about the issues long before they came to light.

Falcone's agenda as president of the group will include tax provisions, subsidies, permit reform and affordable access to credit.

Santa Cruz, on California's coast, was particularly hard hit by flooding in 2023. In addition to the the I-Bank loan, the city secured a federal loan.

Fears of a Hawaiian Electric bankruptcy abated after a settlement was announced that would cap the utility's liability for the Maui wildfire under $2 billion.

MMA says some risky-sector issuers in the area hit hard by the hurricane may be pushed into technical or payment defaults.

Lawmakers on both sides of the aisle support some level of encouraging cities and states to revamp local zoning codes to encourage more affordable housing.

California hospitals will be forced to close if they don't complete earthquake safety upgrades by 2030. Gov. Gavin Newsom vetoed a bill to extend the deadline.

The privately placed taxable bonds to be issued through Bernalillo County will help finance a manufacturing facility for Ebon Solar.

"The market is strong right now, and we expect that to continue into next year," Loop's head of public finance Bo Daniels said.