Far West

Termed out Los Angeles County Supervisors Gloria Molina and Zev Yaroslavsky are taking different paths after serving two decades in their seats.

A review of the California Public Employees' Retirement System by the state controller's office found no incidences of pension spiking, but did find deficiencies in the system's approach to monitoring abuse.

California Controller John Chiang unveiled a new website on Monday that lists more than 13 million fields of financial data for cities and counties throughout the state.

Sen. Chuck Schumer, calling municipal securities the "lifeblood" of U.S. infrastructure development, pressed regulators to revise federal banking liquidity rules to classify certain munis as high-quality liquid assets.

Hawaii received approval from its Public Utilities Commission to issue $150 million in taxable bonds by November to fund a program that finances energy efficiency improvements for homeowners.

A recent announcement that Virginia Mason Medical Center in Seattle will end one of its contracts in 2016 poses certain credit risks, but has no immediate impact on its ratings, according to Standard & Poor's.

The Municipal Advisory Council of Texas is allowing issuers to post their IRMA representations on its website to help obtain information from financial services firms without violating Securities and Exchange Commission's municipal advisor rule.

Poway Unified School District, the California school district that sparked state legislation limiting school district capital appreciation bond issuance, is contemplating a bond buyback and refinancing to retire some of its more expensive CAB maturities.

Stockton, Calif.'s wastewater system revenue bonds have been upgraded ahead of an $79 million refunding bond sale.

Recent rulings from Washington State's Supreme Court to allow reforms of pension benefits are a credit positive for the state and local governments, according to Moody's Investors Service.