Far West

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.

California Treasurer John Chiang on Thursday appointed 12 individuals to a task force he commissioned to develop best practice guidelines on the fiduciary care and use of state and local bond proceeds.

San Diego is moving ahead with plans to price $120 million in bonds in April in the face of an appeal of a court ruling that the city can legally issue the bonds.

Franklin Templeton Investments filed its first brief on March 25 appealing the ruling that allowed Stockton to exit bankruptcy.

Standard & Poor’s joined Fitch Ratings in upgrading the rating on the California Department of Water Resources power revenue bonds.

A Republican congressman said Tuesday he is concerned that the Securities and Exchange Commission's approach to municipal market enforcement risks creating an environment where only big players will get a seat at the table.

Fitch Ratings upgraded bonds issued by the California Department of Water Resources after a state of emergency was declared in 2001 to deal with soaring energy prices.