Far West

San Bernardino has chosen a new finance director after more than a year of vacancy in the position.

The Conroe Industrial Development Corporation in Texas has paid a penalty and agreed to redeem bonds under the Internal Revenue Service’s voluntary closing agreement program (VCAP) to settle a tax violation relating to bonds it issued in 2008 and refunded in 2012.

Bond Dealers of America is urging the Municipal Securities Rulemaking Board to leave unchanged some rules that relate to the municipal securities market’s move to a two- instead of three-day settlement cycle.

Rainfall wasn’t enough to alleviate credit pressure on California water utilities, according to rating agencies.

Idaho's recent increase in education funding should boost the credit quality of the state's schools, according to a Moody’s Investors Service report.

Loma Linda University Medical Center received mixed messages from two rating agencies as it prepares what will be the municipal bond market’s largest junk rated deal of the year so far.

Douglass P. Selby will be the new head of public finance at Hunton & Williams, and John O’Neill will lead the public-private partnership practice group.

Alaska municipalities may bear the brunt of the state’s oil-driven budget crisis.

State and federal officials signed an agreement to remove four hydroelectric dams in California and Oregon at an estimated cost of $290 million, part of which will be paid through California bonds.

Four California energy agencies warned Tuesday of power outages as they released a joint plan for handling a natural gas shortage resulting from a leak at Southern California’s primary gas storage facility.