Far West

Surplus toll road revenues will fund preliminary engineering studies on a potential rapid rail segment in north central Texas.

Standard & Poor's has upgraded Salinas, Calif.'s sanitary sewer system revenue bonds to AA-minus from A-plus.

The Tri-county Metropolitan Transportation District of Oregon will sell $133.6 million of triple-A rated payroll tax bonds Sept. 9.

Metropolitan Water District of Southern California plans to appeal an adverse ruling on claims it overcharged the San Diego Water County Water Authority.

Kenneth D. Gibbs, president of the municipal securities group at Jefferies LLC, plans to leave the firm at the end of the year and take over leadership of the Maimonides Medical Center in Brooklyn.

The California treasurer's office estimates the state garnered $204.7 million of present value savings on its $1.93 billion combined new money/refunding general obligation sale.

A Los Angeles Committee's bid for the 2024 Olympic Games is a "conceptual overview with limited details of how the 2024 Games would be staged," according to city analysts' report.

While growth rates and the trajectory of the economy have improved considerably, Oregon is not yet fully healed from the recession and may suffer from the retirement of older workers, the state's economic forecast showed.

Washington State is racking up court-imposed penalties approaching $2 million, a positive for the credits of school districts in the state, Moody's Investors Service said this week.

State lawmakers have authorized more than $8 billion of new road bonds in 2015, with billions more of new revenues up to the voters in fall elections.