Far West

The $14.6 billion budget calls for hiring police and Olympic-focused infrastructure spending after last year's spending plan proposed layoffs.

Two rating agencies dropped their Los Angeles Unified School District outlook to negative from stable.

Agreements with water districts in the county next door are part of changes to the business plan that include plans to pay off bond debt early.

Two Southern California school districts received upgrades from Moody's on Tuesday. Another district was affirmed.

Eichar said Stradling's strength in working on infrastructure projects with local agencies was an attraction.

Less than two weeks after Washington Gov. Bob Ferguson signed a new tax on annual income over $1 million, a lawsuit has been filed seeking to overturn it.

The Los Angeles County Metropolitan Transportation Authority sold about $900 million to refund older bonds and finance projects, including a subway extension.

Realty Income, a real estate investment trust concentrated in low-risk retail and industrial real estate, was the funding recipient on the $675 million deal.

Wells Fargo's Julie Barger called the investors a "who's who of buyers in the muni market" including mutual funds, ETFs, SMAs and insurance companies.

The California Municipal Finance Authority will issue $742 million in tax-exempt debt for the San Francisco Municipal Transportation Agency's first P3.