Far West

San Diego Mayor Kevin Faulconer uploaded seven years of the city’s budget information into an online tool to make it easier to track how tax dollars are spent.

President Barack Obama, Vice President Joe Biden and their wives released their 2015 federal income tax reforms on Friday, with neither showing any municipal bond holdings or tax-exempt interest.

Bond Dealers of America will be working on a full plate of issues this year as it helps its members navigate recent and ongoing regulatory developments while maintaining its educational and Capitol Hill-centered work, said new BDA board chair John Fechter.

Orange County, Calif., anticipates forming community facilities districts each year over the coming decade that would issue unrated dirt bonds to pay for infrastructure on a 23,000 master-planned community.

State officials say a 45% road funding shortfall will cripple Minnesota’s highway expansion plans by 2018.

Two House Republicans presented a committee with their legislative proposals to reform or abolish the federal income tax system, sparking concerns from some members of the municipal bond community.

First Winston Securities, Alton Securities Group, and MidAmerica Financial Services were ordered to pay a total of $115,000 in fines and restitution by the Financial Industry Regulatory Authority for violation of municipal securities rules.

San Francisco-based Dignity Health had its outlook revised to negative from stable by Standard & Poor's, which cited a decline in financial performance.

House Republican leaders plan to hold a policy meeting Friday morning with their members on pending legislation for Puerto Rico to try to gain more support for it.

The long-stalled bipartisan energy modernization bill is expected to move forward in the Senate without an amendment that would have provided Flint, Mich. with $220 million to address its ongoing water crisis.