Moody's: Alaska Vote To Maintain Oil Incentives Positive
The failure of an Alaska ballot initiative that would have overturned new oil production tax incentives was deemed a credit positive by Moody's Investors Service.
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Opponents of California's $68 billion high-speed rail plan filed a petition to review a recent ruling that allows the $8.7 billion bond issuance for the project.  more »
Los Angeles County hopes to re-launch its Property Assessed Clean Energy residential program by early 2015.  more »
The 6.0-magnitude earthquake that struck California's Napa Valley Aug. 24 will not impact any municipal credits that Moody's Investors Service rates.  more »
KeyBanc Capital Markets has hired Zachary Kau to work as a managing director in the San Francisco office heading its healthcare finance business in the Public Finance Group.  more »
Unrated Irvine, Calif., dirt bonds were oversubscribed by five to eight times when they priced in early August amid overall yield compression.  more »
Mark Kaufman, known for his work in the Harrisburg restructuring, has relocated from McKenna Long & Aldridge's Atlanta office to San Francisco, where he will lead the firm's municipal restructuring practice.  more »
While Napa Valley's water and sewer utilities took a hit from the recent earthquake that struck the area, damages are management and do not have any immediate impact on credit ratings, according to Standard & Poor's.  more »
Los Angeles Unified School District officials issued a statement Tuesday saying the district still plans to put an electronic tablet in the hands of every student after scrapping its original contract for iPads and software after questions were raised about the procurement.  more »
The Port of Los Angeles, an infrequent issuer, plans to price a $339 million combined new money-refunding with AMT and non-AMT the week of Sept. 1.  more »
The Kroll Bond Ratings Agency assigned its AA rating to Los Angeles' general obligation bonds Tuesday, its first rating of the city.  more »
The Port of Portland is planning to sell nearly $100 million of revenue bonds next week for the Portland International Airport.  more »
A push from California Republicans to reverse a proposal to cap budget reserves among school districts failed to gain the necessary support in the legislature last week.  more »
Nevada made a splash earlier this year with plans for its biggest P3 yet. Now the state has reversed course after finding it would be less expensive to manage and fund the project itself.  more »

Issuance of municipal MSA tobacco bonds by states was the subject of a highly critical article published by ProPublica. The article attempts to make a case that states erred in deciding to issue tobacco bonds. The article was widely circulated across social media. As we frequently observe, the national media focus on the muni market is appreciated, but the facts got muddied in the pursuit of a good story.

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