Far West

Virginia will recoup $149 million of the more than $280 million the state spent on a cancelled $1.4 billion toll road P3.

Standard & Poor's upgraded California's general obligation rating to AA-minus from A-plus.

Bridge Strategic Partners has become the California Statewide Communities Development Authority's new program administrator.

Washington State's compromise 16-year, $16 billion transportation plan includes gasoline tax increase and $5.3 billion of state GO bonds.

Washington Gov. Jay Inslee has signed a state budget into law, avoiding a government shutdown and appropriating money to pay the state's bond debts.

Vernon, Calif., an industrial Los Angeles-area city, plans to issue $110 million in taxable electric revenue bonds for interest rate savings and to eliminate exposure to interest rate swaps.

Single-A rated Chapman University's $130 million of unsecured general obligation bonds will seek bond investors flush with cash from July 1 interest payments.

Gasoline taxes go up July 1 in six states to fund local highway projects while federal gasoline tax remains at 1993 level.

Oregon Health and Science University will sell $100 Million of federally-taxable debt next week.

Reps. Randy Hultgren, R-Ill., and Richard Neal, D- Mass., have introduced legislation that would increase the number of projects that could be financed by qualified small issue manufacturing bonds.