Far West

Termed-out Orange County Supervisor John Moorlach announced his decision to run in a special election for the 37th State Senate District to subscribers of his email blast.

Oregon Gov. John Kitzhaber is proposing to spend over half of an $18.6 billion budget on schools, community colleges, and universities in the state.

A beleaguered Victorville, Calif. airport authority notified bondholders in a filing that it expected to default for the seventh time on bonds it issued to redevelop the airport from military to civilian use.

Oregon must invest more in its transportation needs or face bigger bills down the road, Oregon DOT says.

Facing continued deficit operations, Mills College in Oakland, Calif. received a downgrade to Baa3 from Baa2 from Moody's Investors Service.

Officials of Bell, Calif., the Los Angleles-area city where the former administration was jailed earlier this year for misappropriation of funds, said the tax-exempt status of $35 million in general obligation bonds that came under review by the Internal Revenue Service has been preserved.

Portland, Ore. is planning to sell $85 million of water revenue bonds to finance projects for its water system.

The Internal Revenue Service is auditing bonds issued by the East Bay Municipal Utility District in 2003 and 2005.

If San Bernardino follows Stockton and Vallejo's example by impairing its bond creditors, it consolidates a pattern in California Chapter 9 cases in which pensions fare better than lease-backed and pension-obligated bondholders.

Following the failure of a local ballot measure to increase its sales tax rate, Marysville, Calif. was downgraded to Baa1 from A3 by Moody's Investors Service.