Far West

San Diego City Attorney Jan Goldsmith said he might file a lawsuit to keep the initiative off November’s ballot, possibly benefiting a competing initiative that would include a new stadium for the San Diego Chargers.

The Metropolitan Water District of Southern California has announced it signed a $175 million deal to purchase islands in the Sacramento-San Joaquin Delta, a controversial decision that some opponents view as part of a water grab.

Maryland legislators have overridden Gov. Larry Hogan’s veto of a bill requiring ranking of transportation projects.

Securities and Exchange Commission chairman Mary Jo White cited a voluntary municipal continuing disclosure enforcement program for dealer and issuers as one of the commission’s successful efforts at deter securities law violations and change market behavior.

California reported $7.4 billion of revenue in March, outstripping projections in the proposed budget released in January by 3%.

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.