Far West

The deteriorating financial position of a school district in Santa Clarita, Calif. was cited in one-notch issuer and certificate of participation downgrades from Moody’s Investors Service.

Fitch Ratings placed two series of Idaho Housing Finance Association single-family mortgage bonds totaling $354 million on negative watch

The House on Tuesday passed a three-week extension of federal transportation funding that would keep reimbursements to states for highway and transit projects flowing through Nov. 20.

Fitch Ratings has affirmed Oregon's general obligation bond rating at AA-plus.

Standard & Poor's revised the outlook on Los Angeles’s debt to stable from positive citing uncertainty from two lawsuits challenging the city's power revenue fund transfers.

The Treasury Department and Internal Revenue Service have released final allocation and accounting rules that bond lawyers say will help in administering public-private partnerships for transportation and joint ventures involving hospitals.

Alaska Gov. Bill Walker said he will not introduce a bill to impose a property tax on natural gas leases in major reserve areas after receiving written assurances from two industry giants that they will make available their share of Alaska’s North Slope gas to a future gas pipeline project.

Rating agencies are continuing to treat municipal issuers unfairly even though federal law required that practice to stop, former California Treasurer Bill Lockyer said.

Conventional wisdom that municipalities that file for bankruptcy “will never borrow in this town again” has not been found to be true, said panelists at The Bond Buyer’s California Public Finance Conference.

Alaska Gov. Bill Walker Announced this week that he is allowing the Alaska Industrial Development and Export Authority to spend up to $3.6 million, which had already been appropriated, to continue early work on a proposed bond-financed road project.