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Mayor Eric Garcetti declared a state of fiscal emergency when he delivered his budget proposal for fiscal 2021.
April 23 -
After the unprecedented collapse an oil futures contract into negative territory, the leading oil producing states face budget uncertainty.
April 21 -
S&P cited the state's growing structural budget gap resulting from an oil price plunge.
April 20 -
Mayor Eric Garcetti announced plans to furlough thousands of city employees because of coronavirus-driven shortfalls.
April 20 -
Hard on the heels of last week's successful California sale, the municipal bond market will see some much needed supply head its way this week.
April 20 -
The secondary market took a backseat to the primary Thursday with yields holding steady while Lipper reported $833 million of inflows, the first since February 26.
April 16 -
State Sen. John Moorlach thinks cities and counties should have to obtain voter approval before issuing pension obligation bonds.
April 16 -
With coronavirus decimating the state's dominant industry of tourism, Moody's dropped Hawaii's rating outlook to negative.
April 15 -
ICI reported nearly $3 billion of outflows, which is foretelling that coronavirus-driven volatility still lingers even if the muni market has rallied by at least 60 basis points since early-April high yields.
April 15 -
Virgin Trains USA hopes to sell tax-exempt bonds from its $600 million California allocation this summer.
April 14