Far West

Senate Environmental and Public Works Committee gave its unanimous approval to six-year bill authorizing $242 billion of federal highway funding.

Stockton, Calif. heads into the final day of its scheduled four-day trial to determine if it can emerge from Chapter 9 bankruptcy.

Washington's Issaquah School District is planning to sell $55 million of triple-A rated general obligation bonds later this month.

The draft transportation bill released by a key Senate committee falls far short of funding needs by proposing only $242.4 billion for road projects over six years, administration officials and highway industry experts are warning.

Hawaii Gov. Neil Abercrombie announced May 9 the appointment of Ford Fuchigami as interim director of the state Department of Transportation.

Hawaii legislators approved legislation last week that extends authorization of $77 million in special purpose revenue bonds to fund the $250 million Honolulu Seawater Air Conditioning project.

California Governor Jerry Brown released his revised budget proposal for California on Tuesday morning, which includes $11 billion to pay down the state's debt.

The draft transportation bill released late Monday night by a Senate committee calls for $242.4 billion of federal funding for highway projects over six years.

California should focus on addressing more of its $340 billion in long-term debt obligations, according to a recent report from the Legislative Analyst's Office.

A recent ruling from the California Supreme Court not to review an decision on other post-employment liabilities is a credit positive for California local governments, though challenges remain, credit rating agencies say.