Far West

A second federal lawsuit has been filed challenging the private activity bond financing for the All Aboard Florida train project; the latest suit comes from Martin County, Fla.

Moody's Investors Service upgraded Canyon County School District No. 131, Idaho to Baa1 from Baa3.

California needs to spend $853 billion on infrastructure for transportation, water and K-12 facilities over the next 10 years just to maintain the state's current infrastructure, according to a report released on April 28.

The Los Angeles City Council began budget hearings April 28 on the $8.5 billion budget proposed by the mayor for fiscal 2015-16.

Millions of jobs and billions of dollars in state road and transit projects are at risk unless a multiyear federal transportation bill is in place by the end of May, Senate Finance Committee Democrats warned on Tuesday.

U.S. Solicitor General Donald Verrilli has until May 20 to respond to a request from Miami, Fla.'s former budget director that the Supreme Court hear his argument that he should be shielded from a Securities and Exchange Commission lawsuit.

A $967 million federal loan for commuter rail safety technology represents "a very favorable position for the MTA," said finance manager Patrick McCoy.

Maryland Gov. Larry Hogan wants major cost reductions in Purple Line P3 rail proposal or he'll kill the project.

A California appellate court's decision could reduce the economic flexibility of local governments and water utilities that analysts are already concerned could struggle to raise revenue in the arid conditions.