Far West

California revenues for January beat projections in the governor's proposed 2017-18 budget by $844.4 million, but year-to-date revenues still missed the mark.

Spending grew faster than revenues in Los Angeles in fiscal 2016 prompting the city controller to warn city leaders to be cautious as they begin the budget process.

Industry, Calif.’s leaders say they have implemented 90% of the reforms needed to fix financial irregularities that cost the city one of its bond ratings.

Downgrades have outpaced upgrades for California school districts that saw ratings changes under Fitch Ratings' revised criteria.

California Republicans have asked the Trump administration to block federal aid to the state's high speed rail project.

Citigroup Global Markets, Inc. has agreed to pay a $250,000 fine after the Financial Industry Regulatory Authority found rule violations including the failure to report accurate interest rate reset information for 251,507 variable rate demand obligation securities.

The Internal Revenue Service has determined that District of Columbia’s PILOT revenue bonds are taxable.

The Trustees of California State University will price $1.2 billion in revenue bonds next week for projects as it the system grapples with 23% enrollment growth over the past four years.

Oregon lawmakers will have the option to issue as much as $1.14 billion in new general fund-backed debt and up to $209 million in lottery-backed debt for the 2017-2019 biennium.

The California State Teachers Retirement System became the latest public pension fund to lower its investment earnings forecast.