Far West

The District of Columbia Council this week approved its $13.4 billion fiscal 2017 budget this week, despite Republican House members calling any such move unconstitutional.

The Reno-Sparks Indian Colony in Nevada received a Fitch Ratings upgrade bringing its long-term issuer default rating into institutional-grade territory.

Muni market groups are resoundingly saying "no" to the Municipal Securities Rulemaking Board's question of whether it should require municipal advisors to disclose information about their issuer clients' bank loans or privately placed municipal securities.

Bill proposed by Sen. Deb Fischer, R-Neb., would authorize five P3s to finance and build VA medical facilities and cemeteries.

California’s high-speed rail project appears to have survived one legal challenge, as Kings County, Calif. will not further contest the legality of the bonds supporting the train.

The San Diego mayor’s office said it has saved $300 million in aggregate cash flow savings on refundings it has conducted over the past 12 months.

The Internal Revenue Service is auditing $105.48 million of passenger facility charge revenue bonds issued by Clark County, Nev., in 2007 to finance capital improvements at McCarran International Airport.

The San Diego County Water Authority’s senior lien credit rating was upgraded to AAA by S&P Global Ratings.

The advantages a hot municipal bond market creates for issuers were on display this week when the Los Angeles County Metropolitan Transportation Authority priced a refunding deal.

President Obama is threatening to veto legislation approved by the House that would effectively block the District of Columbia from achieving budget autonomy and home rule.