Far West

The Internal Revenue Service has determined that multifamily housing revenue bonds issued by the Tulsa County Industrial Authority in 2003 are taxable, but it is unclear to what extent bondholders will be affected by the Service's conclusion.

Indian River County, Fla., Tuesday filed a lawsuit asking a federal judge to block the issuance of $1.75 billion in private activity bonds for the All Aboard Florida private train project.

Las Vegas Monorail bondholders have until April 7 to take advantage of an Ambac tender offer that offers a better-than-anticipated recovery.

Airport capital spending will rise over next five years to meet growing passenger demand, Moody's says.

City and County officials in San Diego have joined forces to explore stadium options to retain the city’s National Football Team, the San Diego Chargers.

Weakened financial operations resulted in the downgrade of $47.4 million of Conejo Valley Unified School District general obligation debt to A1 from A3, according to Moody's.

President Obama's proposed six-year transportation bill would give states more flexibility in tolling of existing roads and bridges.

The new California State Water Resource Board's water restrictions for California residents and urban water suppliers are a credit positive, according to Moody's Investors Service.

The San Bernardino, Calif. bankruptcy differs from other municipal bankruptcies because the city's leaders are unable to strike deals with creditors, Ambac Assurance Corp.’s attorney said

Congress should eliminate the state and local tax deduction and offset the deduction's removal with a reduction in marginal tax rates, a report from The Heritage Foundation argued.