Far West

Standard & Poor's has affirmed its A-minus rating on Sunnyvale Redevelopment Agency Calif.'s series 2003 tax allocation bonds and revised its outlook to positive from stable, citing the likely settlement of its court battle with the state Department of Finance.

California Attorney General Kamala Harris approved a management agreement for the Daughters of Charity Health System saying it would stave off bankruptcy and maintain services at the hospital chain.

The Internal Revenue Service told Woodland Hills School District in Allegheny County, Pa. that bonds it issued in 2005 and advance refunded in 2013 may violate tax requirements and be taxable.

President Obama signed a five-year, $305 billion transportation funding bill on Friday.

California’s state auditor said she found widespread mismanagement at the Central Basin Municipal Water District and made more than 35 recommendations for changes.

Moody’s Investors Service deems California’s projected growth in education funding is a credit positive for the state’s schools and community colleges.

The California controller’s office said the Lottery Education Fund totals rose slightly this year to $1.39 billion.

Oregon's latest two-year state general fund revenue projection is up slightly from earlier this year, though state leaders remain guarded about how stable its economic gains really are.

Standard & Poor's raised its long-term rating to AA-minus from A-plus on Reno, Nev.'s general obligation limited tax sewer refunding bonds.

Facing a fiscal year 2016 shortfall of about $159 million, Wyoming Gov. Matt Mead has proposed slashing expenses and borrowing from the state's rainy day account to offset a sharp fall in energy industry revenues.