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Two universities at opposite ends of the state received Moody's downgrades this week.
June 28 -
In the first half of 2024, winding-down federal aid, a resurgence of Build America Bond refundings and election uncertainty have contributed to the surge in issuance, said James Welch, a portfolio manager at Principal Asset Management.
June 28 -
California lawmakers were putting the finishing touches on the budget this week before the start of the fiscal year on July 1.
June 28 -
Two initiatives were dropped from the California ballot as Gov. Gavin Newsom worked to secure a legislative fix.
June 26 -
The agreement includes plans for a bill creating a constitutional amendment to allow the state to set aside greater sums in reserves.
June 24 -
The California Supreme Court issued an opinion Thursday blocking an anti-tax measure from November's ballot.
June 21 -
Existing California law requires hospitals to be fully operational after a large earthquake by 2030. The Senate has passed a bill to extend the deadline.
June 21 -
The City of Angels is the latest in recent days to score a ratings upgrade as Fitch reviews its local government ratings using amended criteria.
June 17 -
Ten other pension obligation bonds are under review by Fitch Ratings as a result of the agency's new local government criteria.
June 14 -
The one-notch upgrade from Fitch Ratings comes as the county plans to to sell up to $900 million in two lease revenue bond deals this summer.
June 14