Far West

Despite California Gov. Jerry Brown's efforts to reduce prison overcrowding, a favorable ruling from a U.S. District Court three-judge panel that would lift court oversight of the state's prisons has remained elusive.

Moody's Investors Service has placed 256 local government general obligation ratings on review, some for upgrade and some for downgrade, after updating the methodology it uses to evaluate those bonds.

A state court ruling stopping California from selling $8 billion of bonds for high-speed rail could result in a cutoff of billion in federal matching funds as well.

The Nevada Board of Finance on Tuesday approved a $100 million bond to help fund a $1 billion highway widening project on a nearly two-mile stretch of Interstate-15 that provides access to major Las Vegas resorts.

The State of Washington is planning to sell $717 million of general obligation bonds in a three-part competitive offering next week.

Standard & Poor's changed its outlook on California to positive from stable based on Gov. Jerry Brown's budget proposal for fiscal year 2015.

Dealer groups are warning the MSRB that a proposal to require an hour of annual muni training for their staffs could actually result in less efficient training and could be confusing, in addition to raising compliance burdens.

Gov. Jerry Brown's proposed budget for fiscal year 2015 is a step toward continuing California's fiscal recovery, according to Fitch Ratings.

California's Legislative Analyst's Office said Gov. Jerry Brown's proposed budget would set the state on even stronger fiscal footing and continue its budgetary progress.

California Assemblyman Jeff Gorell, R-Camarillo, has filed paperwork for a ballot measure that would prohibit the sale of voter-approved bonds for the state's high speed rail project.