Far West

The San Diego County Water Authority prevailed in a lawsuit targeting, among other things, the $1 billion Carlsbad desalination plant expected to begin operations later this year.

The Treasury Department and Internal Revenue Service have included two new bond-related projects on their priority guidance plan for 2015-2016.

California leaders marked the final payment on $15 billion in bonds issued in 2004 to close a deficit.

Trading activity in the municipal market for the second quarter of this year was 14% higher than the previous quarter as well as the second quarter last year, with several Puerto Rico bonds among the most traded, according to the Municipal Securities Rulemaking Board.

Moody's Investors Service dropped Richmond, Calif. to junk late Tuesday with a three-notch downgrade that brought the city's implied general obligation rating to Ba1.

The North Carolina House puts a proposed $1.7 billion road infrastructure plan on fast track.

Challenges to $9 billion of bonds to pay for California's $68 billion high speed rail project are far from over.

The Environmental Protection Agency has given Alaska a temporary pass on the EPA's latest carbon emissions rules because of the state's unique energy infrastructure challenges, a decision praised by the governor.

Higher than expected revenues gives Missouri the needed matching funds for federal road dollars in 2017.

Nat Singer, senior managing director at Swap Financial Group, will become the new chair of the Municipal Securities Rulemaking Board on Oct. 1.