Far West

Lawmakers in Sacramento are trying to solve a very big and expensive puzzle: how to fund California’s estimated $5.7 billion annual infrastructure funding gap.

The developer of the All Aboard Florida private passenger train system plans to quickly issue $1.75 billion of private activity bonds after approval of the deal.

The $8 billion, three-month extension of the Highway Trust Fund avoids a project shutdown in August.

Credits of the U.S. publicly owned airport sector and the crucial role of airport management are undervalued by the major ratings agencies despite their blemish-proof record, Kroll Bond Rating Agency said in a new report.

"Detroit's a much better credit than it was two years ago," its former emergency manager, Kevyn Orr, told a municipal bond market group.

San Diego city and county leaders said they remain optimistic about the city’s chances of retaining its National Football League team following a meeting with league officials on Tuesday.

Moody’s Investors Service downgraded Lake Elsinore Unified School District, Calif.’s issuer rating to A3 from A2 and assigned a negative outlook.

Utah Gov. Gary Herbert has become chair of the National Governors Association for 2015-2016 and has unveiled an initiative to highlight governors' innovative solutions to crucial programs.

House plans to leave for a long recess Wednesday after voting on a 90-day extension of federal highway funding.

The Wyoming Community Development Authority is gearing up to issue $114 million to refund outstanding bonds and to purchase home loans as part of a program to make home buying easier for some state residents.