Far West

The Orange County Water District's approval of a non-binding term sheet to purchase water from Poseidon Water's proposed Huntington Beach, Calif. desalination plant is a credit positive , Moody's Investors Service said.

A U.S. Supreme Court ruling that found fault with Maryland's personal income tax collection scheme will cost localities in the state millions of dollars but may not impact their credit ratings, analysts and government officials said.

Leaders of the Senate Finance Committee have given their tax-reform working groups more time to do their work.

Municipal issuers and dealers hope that the Federal Reserve's proposal to include uninsured investment-grade general obligation bonds as high-quality liquid assets under the Fed's liquidity coverage ratio requirement rule spurs other banking regulators to do the same.

The Los Angeles City Council on Thursday passed an $8.6 billion balanced city budget for fiscal year 2015-2016.

Standard & Poor’s placed A-plus rated California on CreditWatch Positive

San Bernardino, Calif. enters the final stage of its Chapter 9 bankruptcy with a plan for its pension obligation bondholders to take it on the chin.

The Securities and Exchange Commission has announced that Jessica Kane will be the new director of the SEC’s Office of Municipal Securities and that Rebecca Olsen will be deputy director.

Congressional Democrats, White House may find it difficult to end short-term HTF extensions when latest one lapses.

Mayor Bill de Blasio unveils an overhaul of the New York City Housing Authority, saying the agency is mired 'in its worst financial position in more than 80 years.