Far West

San Bernardino bondholders suffered a key bankruptcy court defeat this week as the city’s bankruptcy exit plan advances.

California has $80 billion of highway needs through 2025 with only $20 billion of available transportation funding.

The tax-exempt financing committee of the American Bar Association's taxation section is working on a paper that will identify for tax regulators modifications to tax rules that could facilitate public-private partnerships.

Moody's Investors Service and Standard & Poor's both downgraded the California Institute of May 11 ahead of a $400 million taxable bond deal it plans to price on May 14.

The California State Water Resources Control Board's new water conservation mandate will reduce revenues available to pay bondholders, Fitch Ratings said.

The Internal Revenue Service is auditing general obligation refunding bonds issued in 2006 by the Clark County School District in Nevada.

Los Angeles Mayor Eric Garcetti announces new transportation technology advisor fellowship.

Senate Democrats slam Republican leadership over lack of ideas for long-term highway fix.

Attorneys for All Aboard Florida told a federal judge that the private passenger train owners could close on $1.75 billion in tax exempt private activity bonds around June 8.

Turnover on the Poway, Calif. school board appears to have stalled movement toward refinancing and restructuring its controversial capital appreciation bond deal, which triggered state legislation limiting school district CABs.