Far West

The League of California Cities is part of a planned Sacramento rally to raise awareness about the state’s dilapidated infrastructure.

Treasurer John Chiang’s name has been floated over the past several months as a candidate for governor – and Tuesday he made it official.

Both 10-year transportation funding plans proposed by Minnesota Gov. Mark Dayton include $2 billion of road bonds.

Despite House Republican threats of criminal prosecution, the District of Columbia Council will hold the first of two votes Tuesday that would give the district budget autonomy and the ability to spend its local tax and fee revenues without annual congressional appropriation.

Merrill Lynch, Pierce, Fenner & Smith, a subsidiary of Bank of America, was ordered to pay $422,708 in fines and restitution by the Financial Industry Regulatory Authority for charging customers excessive markups and markdowns on municipal securities.

Minnesota Gov. Mark Dayton will propose a compromise transportation funding bill to resolve a legislative deadlock.

The next president and new Congress have an opportunity to reverse the ongoing decline in the nation's aging infrastructure.

California Gov. Jerry Brown released a revised state budget proposal that he said would fund core programs while paying down debt, saving money and holding the line on new obligations.

Proposed changes to California's drought regulations would likely result in higher sales and better financial performance for water issuers in fiscal 2017, according to Fitch Ratings.

Facing new federal constraints on tax-exempt debt for projects with a private revenue stream, El Paso County, Texas, refunded tax-exempts with taxable bonds and still achieved interest rate savings.