Far West

Fitch Ratings downgraded more than $7 billion of general revenue bonds issued by the University of California to AA from AA-plus.

Hawaii officials are so proud of their financial comeback that they held a press conference on Monday releasing the state's comprehensive annual financial report.

Voters in bankrupt San Bernardino, Calif. elected as mayor, Carey Davis, who ran on a platform critical of decisions made by town leaders that he says landed the city of 213,000 in bankruptcy.

LAUSD has moved on to Phase 2 of a $1 billion bond-funded program to provide all students with iPads with the purchase of 45,000 devices last week.

California's income tax collections were mostly on target for the month of January, according to a report from the Legislative Analyst's Office.

The hot Texas economy is spurring operators of the state's airports and seaports to provide new infrastructure to accommodate the growing state.

Placentia, Calif. is financially challenged, but not in immediate danger of declaring bankruptcy, city leaders say.

Convicted bid-rigger David Rubin should pay more than $11,5 million in restitution to 99 municipal victims who have not been compensated for losses they incurred due to "kickbacks" and depressed interest rates resulting from criminal activity, according to U.S. Justice Department filings with a federal court this week.

WASHINGTON – The Municipal Securities Rulemaking Board has decided to propose an explicit best execution rule for dealers in the municipal market, MSRB officials said Tuesday, calling it "a very significant development for the municipal market."

Washington state representative Hans Zeiger has introduced a bipartisan proposal to pilot social impact bonds in the state starting in 2016.