Far West

Blue ribbon panel studying Seattle area’s road funding needs says mileage fee is most sustainable revenue option.

For the first time in the municipal securities market, the Securities and Exchange Commission on Tuesday charged a municipal advisory firm, its chief executive officer, and two of its employees for breaching their fiduciary duty by failing to disclose a conflict of interest to a municipal client.

Senate Democrats on Tuesday introduced another bill that would give Puerto Rico broad debt restructuring capabilities.

Washington electric utility Energy Northwest will sell nearly $500 million of refunding bonds later this month.

Presidential candidate Sen. Bernie Sanders released a plan for Puerto Rico on Monday that proposes extending Chapter 9 bankruptcy protections to the commonwealth’s municipalities and contains several healthcare and environmental initiatives.

Increasing disclosure requirements for bond issuers is high on California Treasurer John Chiang’s list of priorities for the state legislature.

A two-year reauthorization of the Federal Aviation Administration under consideration this week by a Senate committee would provide more federal funding for runways and other infrastructure while keeping the revenue source used to back bonds financing terminal projects at its current level.

Westlands Water District, Calif. is on Fitch Ratings' rating watch negative after it was fined by the Securities and Exchange Commission for misleading investors.

California priced an additional $500 million in refunding bonds during this week’s GO bond sale at yields that resulted in $294 million in net present value savings.

After dipping in January, California state government’s revenues returned in February to a pattern of beating budget projections.