Far West

Fitch Ratings, reframing its view of the special taxes that support local California GO bonds, assigned its AAA rating to a school district based solely on the special tax without regard to the district's budget and operations.

The Alaska legislature has passed legislation appropriating almost $150 million for a gas pipeline project that Alaska Gov. Bill Walker has said will be key to closing the state's $3.5 billion budget deficit gap.

The House adopted a six-year, $325 billion transportation funding measure that must be reconciled by Nov. 20 with Senate's $342 billion plan.

The relatively opaque private placement market, which has been very strong in California, may be slowing down and shifting from a bank-dominated market to a more diverse range of purchasers.

Rep. Nydia Velazquez, D- N.Y., introduced a bill Wednesday that would substantially increase hedge fund reporting requirements in response to ongoing concerns about hedge funds' role in Puerto Rico's financial crisis.

A state audit of Beaumont, Calif. found that the Southern California city failed to properly track spending of $626 million in bonds.

Fitch ratings affirmed LA/Ontario International Airport, Calif.’s A-minus rating, but also maintained a negative outlook.

Standard & Poor's assigned an A-plus long-term rating to San Francisco State Building Authority's lease revenue refunding bonds and Oakland State Building Authority's lease revenue refunding bonds.

Los Angeles International Airport received rating affirmations ahead of plans to price $302 million in general airport revenue bonds.

Alaska Gov. Bill Walker announced Monday that he has accepted financial support from the Federal Emergency Management Agency's Public Assistance Program to address damage caused by an August storm in the North Slope Borough.