Far West

The Municipal Securities Rulemaking Board’s proposed changes to extend its gift rule to municipal advisors “remain unclear in crucial areas” and “do not go far enough to prevent abuses” by both MAs and broker-dealers, the National Association of Municipal Advisors said.

Moody's downgraded Central Basin Municipal Water District, Calif.’s refunding revenue bonds a notch to A1 pointing to declining operating revenues due to conservation efforts from the prolonged drought.

A California legislative committee tasked with fixing the state’s transportation funding woes kicked off its work, vowing not to let the difficulty of the choices facing them prevent a solution from emerging.

A clean energy bill is a credit negative for coal-dependent Southern California municipal utilities, according to Moody’s Investors Service.

Economic study says privately financed Texas bullet train could generate billions of tax dollars for state and local governments.

Standard & Poor's has affirmed its AA rating on San Mateo County Board of Education, Calif.'s certificates of participation and removed the rating from CreditWatch, where it had been placed on Sept. 16.

The District of Columbia’s recent institutional investor conference is likely to lead to increased demand for its bonds, the city’s chief financial officer said.

Environmental advocates called a San Diego regional planning agency’s $204 billion transportation plan a re-tread of its 2011 plan that favors highways over transit.

The Treasury Department is now estimating that the extraordinary measures it’s been using to preserve the U.S. borrowing capacity since the debt limit was reached will be exhausted by Nov. 3 – two days earlier than a previous estimate.

Moody’s Investors Service revises Hawaii’s outlook to positive ahead of $747 million bond sale.