Far West

A Securities and Exchange Commission proposal designed to bolster liquidity risk management among open-end funds would likely reduce the funds' appetite for municipal securities and deter infrastructure projects, the Government Finance Officers Association warned.

The San Francisco Bay Area Restoration Authority will ask voters to impose a new parcel tax in that could be used as a means to back bonds.

Long Beach, Calif. is using a public-private financing method rarely seen outside the transportation sector in the U.S. to build a new city hall, port headquarters, library and park.

The St. Louis Rams beat out two other National Football League franchises and won the league’s permission to relocate to the Los Angeles area, where they plan to build a stadium in Inglewood.

Capital needs are rising in the public transportation sector as aging infrastructure must be repaired or replaced, S&P says.

Washington state will issue $673 million of highly rated general obligation bonds next week.

The Los Angeles school board named Michelle King superintendent of the nation’s second largest school district on Monday.

Oregon's Municipal Debt Advisory Commission Task Force will gather information about new categories of debt incurred by local governments, including bank loans and lines of credit.

The restrained budget proposed by California Gov. Jerry Brown will not require the state to issue short-term notes to smooth out cash flow in fiscal 2017, according to Fitch Ratings.

California revenues beat projections by $844.6 million for the first half of the 2015-16 fiscal year.