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San Diego Trolley Federal Grant Is a Credit Positive
San Diego Trolley's $1 billion federal grant is a credit positive for the transit expansion, Moody's Investors Service said in a report.  more »
The San Diego Metropolitan Transit System recently received a $1 billion grant to extend its light rail system.
Built in 1959, Elrod Elementary may be the only Kalispell school that hasn't had any significant remodeling or upgrades since opening its doors, but the may change if a $25.3 million elementary district bond issue passes.  more »
Seven years after the College of Western Idaho opened, the school is making big plans for expansion that reflect its off-the-charts enrollment growth.  more »
Oregon’s road user task force wants state lawmakers to expand its existing vehicle-miles-traveled fee system.  more »
Investors have yet to reward green bonds with better pricing, but there is growing demand for the niche, according to one speaker at the Bond Buyer’s California Public Finance conference.  more »
Just under half of likely voters in California favor approval of a $9 billion school bond measure, according to a survey by the Public Policy Institute of California.  more »
Encouraged by the state's recently upgraded credit rating and an overall strong economy, the Hawaii Department of Education plans to seek bond funding for $705 million worth of capital improvement projects that include new classroom buildings to help alleviate crowding in West Oahu and new schools for the growing Kakaako and South Maui communities.  more »
Tulare Regional Medical Center reportedly has laid off employees following the stinging rejection by voters last month of a $55 million bond measure meant to finish a stalled hospital tower addition.  more »
PFM Financial Advisors purchased Portland, Ore.-based advisory firm Western Financial Group, and hired all of its members.  more »
Hawaii received one-notch upgrades from two rating agencies ahead of plans to price $675.58 million in general obligation bonds.  more »
San Diego-based Palomar Health is set to issue more than $400 million of refunding bonds in the next two weeks, split between investment-grade general obligation debt and junk-rated revenue bonds.  more »
Alaska Gov. Bill Walker's administration is resurrecting a stalled plan under which it would use borrowed money to reduce the hundreds of millions of dollars that the state pays into its pension funds each year.  more »
California public power credits should remain strong through a “radical transformation” of the state’s energy supply caused by legislative mandates to reduce greenhouse gas emissions, Fitch Ratings said Tuesday.  more »
Voter-approved bonds are providing loan money to support the creation of affordable rental homes for San Francisco’s low-income and homeless families and seniors.  more »

The Texas Water Development Board chairman Bech Bruun sits down with markets reporter Aaron Weitzman to discuss a gambit of topics, including droughts in Texas and how those disastrous times have turned into learning experiences. They also discuss the history of the TWDB and its various programs as well as what it's like not only being an issuer in today's low interest rate environment but also what it's like being an issuer from Texas.

The orders provide some insight into what the Securities and Exchange Commission considers to be a material false or misleading statement in an offering document.

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