Far West

Average gasoline consumption falls to a 30-year low, threatening revenues from the main source of state and federal transportation funding.

An Oregon State Supreme Court ruling has overturned a significant element of pension reform, Standard & Poor’s said.

Moody’s Investors Service upgraded the Las Vegas Valley Water District’s general obligation limited tax debt a notch to Aa1 ahead of a May bond issue.

House Ways and Means Chairman Paul Ryan is working on a "limited tax reform" package that could contain revenue for the Highway Trust Fund and extenders and that could be passed this summer.

Pension obligation bonds are land mines municipal issuers should avoid, according to Janney Capital Markets.

Oregon selects the vendors that will collect the vehicle data needed for the nation’s first pay-per-mile road usage program.

Michael Milken, chairman of the Milken Institute, put a call-out to financial professionals to help solve California’s drought crisis and issues around climate change .

An Internal Revenue Service memorandum that would render a community development district's bonds taxable should not be retroactive because a House committee last year urged guidance on political subdivisions be prospective, the CDD's lawyer said.

The Panama Canal expansion will benefit East Coast local governments near key ports, but West Coast ports will not lose business from the expansion, according to a Moody’s Investors Service report.

Fitch Ratings and Moody’s Investors Service have assigned their highest ratings to Seattle's unlimited and second-highest ratings to its limited tax general obligation bonds ahead of a more than $350 million competitive sale next week.