Far West

Transportation infrastructure funding is at a crossroad in 2014, as lawmakers confront the necessity of finding ways to bolster the rapidly depleting Highway Trust Fund while supporting efforts to ensure the nation's airports and ports maintain a global economic edge.

Transportation infrastructure funding is at a crossroad in 2014, as lawmakers confront the necessity of finding ways to bolster the rapidly depleting Highway Trust Fund while supporting efforts to ensure the nation's airports and ports maintain a global economic edge.

FirstSouthwest is protesting against "restrictive" conditions included in a request for quotations issued by the Greater Texoma Utility Authority in Texas, which said it will only consider proposals from a financial advisor that is independent from a broker-dealer.

California's Legislative Analyst Office said the proposed Pension Reform Act of 2014 could save hundreds of millions to billions of dollars in the long run for the state and local governments.

A decline in Hawaii's unemployment rate will result in a $300 per employee drop in taxes paid by the state's businesses.

A California company that has strived for a decade to build a plant to turn rice straw into fiberboard received another extension from a conduit issuer on plans to issue $175 million in private activity bonds.

Moody's Investors Service has placed $6.6 billion of the California Department of Water Resources bonds on review for upgrade.

Maryland Transportation Authority will generate less than $10 million a year in toll revenue from express lanes on a $1.1 billion highway improvement project.

The Internal Revenue Service is auditing $49.04 million of revenue bonds issued by IAH Public Facility Corp. in Polk County, Texas, in 2004 and 2006 for an adult detention facility.

The Irwindale, Calif. Sriracha chili sauce manufacturing facility now being threatened by a lawsuit from Irwindale, Calif. had been promoted as a successful use of California's now defunct redevelopment law.