Far West

The inadequate national investment in transportation infrastructure means it will take at least 21 years to replace or upgrade the 58,500 structurally deficient road bridges in the U.S., according to the latest bridge inventory from the Federal Highway Administration.

Verity Health System of California agreed to repay its $278.6 million in junk-rated revenue bonds at a higher interest rate in exchange for relaxed debt service coverage requirements.

With time fleeting, Congress and the Administration should proceed under the authority granted them under the Territorial and Bankruptcy clauses of the U.S. Constitution.

Proposal by Democratic leaders in the Maryland General Assembly would restrict governor's authority to allocate transportation project funding.

Comprehensive or targeted reform of the federal tax code could significantly impact the revenues of most states, The Pew Charitable Trusts found in a report released Wednesday.

Oppenheimer & Co., WFG Investments, and E*TRADE were three of seven firms that the Financial Industry Regulatory Authority fined a total of $412,500 for trading municipal securities below the minimum denomination.

Bond issuers in California would have to provide significantly more disclosure to a state agency under recently introduced legislation.

State lawmakers are looking at gas tax hikes and other proposals to increase funding for local transportation projects.

Public finance lawyer Robert Haight has joined the San Francisco office of Holland & Knight, the firm announced Tuesday.

Lisa Washburn, a managing director with Municipal Market Analytics, is the new chair of the National Federation of Municipal Analysts.