Far West

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.

Los Angeles city officials say Mayor Eric Garcetti's 2015-16 budget proposal takes another large step forward toward resolving the city's structural deficit.

The state auditor both praised and criticized realignment and the health of the prisoners is still under federal receivership.

Fitch Ratings assigned an F1-plus rating to Riverside, Calif.'s plans to refund $30 million in taxable pension obligation bond anticipation notes, and also affirmed the ratings on another $112 million in debt.

San Diego Mayor Kevin Faulconer launched a plan to cut red tape and make it easier for the city to move forward on a program to repair its streets and sidewalks.

Standard & Poor's downgraded revenue bonds for the North Kern Water Storage District, Calif. to A-plus on volatile financial performance.

The Municipal Securities Rulemaking Board's proposal to require dealers to submit new information through its trade reporting system has some support from the two major industry groups, but one is concerned about possible inefficiency and confusion and the other wants a longer implementation period.