Credit Laila Kearney

The Society for Professional Journalists-Northern California announced Thursday that it is giving its James Madison Freedom of Information Award in the News Media category to Hercules Pat...

Credit Laila Kearney

Hercules is considering using tax hikes as way to remedy its ailing budget. The city council met in a study session Tuesday night, where it discussed the possibility of increasing a ...

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Standard & Poors, a leading municipal credit agency, Tuesday slashed its ratings on three Hercules Public Financing Authority revenue bond issues from a respectable “A-“ to junk st...

Credit Laila Kearney

If an escalating dispute between Hercules and the company guaranteeing payments on $117 million in redevelopment bonds cannot be resolved on terms favorable to the city, bankruptcy will c...

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At first glance financing redevelopment projects in Hercules appeared simple: The city’s former redevelopment agency borrowed money by selling bonds to Wall Street investors and used a po...