Far West

A California study into conduit borrowers’ disclosure practices says the industry should try to make disclosure more consistent to allow investors to better evaluate investment alternatives.

The National Conference of State Legislatures is urging Congress to not consider extending or making permanent the moratorium on state and local governments taxing Internet access unless it does so at the same time as or after it considers legislation that would allow states to require out-of-state online retailers to collect sales taxes.

California’s unemployment rate now sits at its lowest since February 2008 and year-to-date revenues are $474 million above the forecasted $13.36 billion, according to the state’s latest finance bulletin released Wednesday.

Alaska Gov. Bill Walker announced this week that he convened a meeting of the state's business leaders to discuss Alaska's fiscal future and how to reduce its multi-billion dollar budget deficit.

Moody's Investors Service upgraded Fresno, Calif.'s issuer rating to A3 from Baa1 and revised the city’s outlook from stable to positive citing its improved economic profile.

California’s public power utilities could face additional financial pressure over the medium to long term from the passage of new state legislation targeting greenhouse gas emissions, Fitch Rating said.

The San Francisco Bay Area Rapid Transit District will sell more than $350 million of highly-rated refunding bonds next week to refund bonds issued more than a decade ago.

California lawmakers passed legislation to change the way communities wind down their shuttered redevelopment agencies, leaving cities and their advocates trying to tally the effects of the last-minute bill.

California's legislative session ended Friday without a transportation funding plan, but legislative leaders vowed to complete the work through a conference committee this fall.

Fitch Ratings upgraded the San Francisco Airport Commission's approximately $77.6 million series 1997A and 2000A special facility lease revenue bonds to A-minus from BBB-plus.