Far West

California leaders have announced their agreement on a five-year $52.4 billion transportation infrastructure investment package that would raise roughly $5 billion in new annual revenue for state and local governments.

All Aboard Florida is assuring supporters of the private passenger train project that it will move forward despite the sales of its owner and an affiliate and pending legislation that the company says could jeopardize expansion plans.

Moody’s Investors Service assigned Industry, Calif.’s bonds a negative outlook ahead of a scheduled bond sale.

National Football League owners approved the Oakland Raiders’ public subsidy-laden move to Las Vegas.

Representatives for municipal advisors and dealers wrote to the MSRB saying it must reevaluate its proposed new advertising rule for municipal advisors and its attempts to harmonize its existing dealer advertising rule with Financial Industry Regulatory Authority requirements.

The University of Oregon is stepping up the pressure on lawmakers to kick in $100 million in state bonds to help pay for two new science buildings in Eugene.

San Francisco's financial position has improved since the publication of its five-year plan in December, though pension funding issues lurk in the background.

D.C. is appealing the IRS determination of taxability on its bonds while a former IRS official faults the developer and bond counsel for violations of tax requirements.

A courtroom hearing next month will determine whether California can issue a portion of nearly $10 billion of voter-approved bonds for its high-speed rail program.

San Jose, Calif. is prepared to issue $640.7 million of airport revenue refunding bonds in a deal city officials expect to generate savings “well in excess” of their policy goals.