Far West

California cut or delayed $1.5 billion of projects from a five-year road program as gas tax collections continue to fall.

Four port authorities and a wholesale electricity provider are warning that rules proposed by the Treasury Department and Internal Revenue Service earlier this year could hurt their standing as political subdivisions and their ability to issue bonds as well as complicate their governing structures.

U.S. transit operators say reliable, dedicated funding is needed to resolve growing maintenance problems.

California is beginning to address some key infrastructure gaps, Wells Fargo analysts said in a report.

Lawmakers on both sides of the aisle are digging in for a struggle over California Gov. Jerry Brown’s revised budget proposal, as both parties try to adjust priorities with California’s fiscal outlook apparently dimming.

The Financial Industry Regulatory Authority has filed a complaint against Phoenix-based Lawson Financial Corp. and the firm's president and chief executive officer, charging them with securities fraud in connection with the sale of millions of dollars of municipal revenue bonds to customers.

House members, government officials, and stakeholders all say the newest version of a bill to help Puerto Rico is a step forward, but their support for the measure seems tepid at best.

California voters will be considering 57 bond authorizations with supporting tax increases when they cast a ballot in the state’s June 7 presidential primary.

A House committee has passed legislation that would block the District of Columbia from having budget autonomy and the ability to spend its local tax dollars without congressional approval.

San Diego announced agreements with three unions that city officials say will lock in pension reforms.