Politics

With joint proposed rulemaking details unavailable and bond issuance growing, these are top issues experts need to know.

Though further adjustments may be needed, Fitch Ratings analysts said the budget supports the state at its current AA rating level.

Continued economic growth and budgetary discipline could lead to an upgrade of the state's AA rating over the next two years, S&P said.

California Gov. Gavin Newsom released an executive order directing state agencies to clear homeless camps off state properties and urged cities to do the same.

Mayors rank economic development, infrastructure, and housing as top three priorities.

The city announced its P3 partner this week even after its federal funding got cut in committee and Rep. Maxine Waters took a strong oppositional position.

In May, a bipartisan group of lawmakers sent a letter to the federal agencies responsible for the FDTA rulemaking, urging them to stick to the schedule spelled out in the law.

The largest is an up to $2 billion issue to replace the I-10 Calcasieu River Bridge.

Vance has called for eliminating the SALT deduction, calling it "massively redistributive toward the lower- and middle-income brackets."

Raymond James was the sole new entrant in the Top 10, knocking out Citi — which formally exited the muni market by the end of Q1 2024.