Far West

Prime Healthcare backed out of deal to purchase California's ailing Daughters of Charity Health System, a six-hospital chain, because it objected to conditions imposed by California Attorney General Kamala Harris.

The California controller's monthly cash report for February beat the estimates in the governor's proposed budget by $1 billion.

Moody's Investors Service confirmed its A3 rating for Marysville, Calif.'s $12.7 million in sewer revenue bonds Monday following the completion of a review for downgrade.

Moody's revised methodology for utility credits has resulted in Merced County Regional Waste Management Authority, Calif.'s Baa3 rating being placed under review for upgrade.

The National Governors Association has written to House Speaker John Boehner to correct what it calls a "misunderstanding" underlying a recent draft online sales tax proposal made by House Judiciary Committee chair, Rep. Bob Goodlatte, R-Va.

The Internal Revenue Service has begun auditing limited-tax general obligation, medium-term street bonds issued by Reno, Nev., in 2009.

Some pension obligation bonds can create a visible and fixed repayment plan to tackle the unfunded pension liability monster that is stealthily growing underneath the budget table of many state and local governments.

University of Oregon's plans to price $50 million March 17 represents its first direct sale to the markets.

The Sierra Kings Health Care District in California has paid the U.S. Treasury $20,000 to settle tax issues and preserve the tax-exempt status of bonds it sold in 2007 and 2009.

National Football League stadium proposal in Inglewood is a credit positive for the city, according to Moody's Investors Service.