Far West

Los Angeles Unified School district officials are slated to present a five-year budget plan to the school board and bond oversight committee at separate meetings at the end of this month that should flesh out $1 billion plans to purchase iPads for every student.

San Diego's proposed $520 million convention center expansion cleared its final regulatory hurdle when it was unanimously approved by the California Coastal Commission.

Regulators warned brokers at a Bond Dealers of America conference not to play loose with municipal securities rules, and asked them to report competitors they suspect.

Leaders of financial groups and Treasury Secretary Jack Lew warned Thursday that brinkmanship over the debt limit is already hurting the financial markets and that a default would have catastrophic impacts domestically and globally, making it harder to deal with long-term U.S. debt issues.

Honolulu officials notified a federal judge that they have met the additional environmental requirements for the city's $5.3 billion elevated rail project he outlined in a December 2012 order.

More issuers are starting to turn to direct lending for new money borrowings, in addition to refundings, according to speakers at The Bond Buyer's California Public Finance Conference.

Municipalities continue to suffer from the lingering effects of the economic downturn, though local and regional economies are improving and tax bases are gaining strength, the National League of Cities says in a new report.

Standard & Poor's upgraded San Francisco's general obligation bond to AA-plus, its highest rating in the city’s history, according to Mayor Edwin Lee.

San Bernardino, Calif.'s attempt to use bankruptcy to win a dispute with the state over dissolution of its redevelopment agency appear likely to fail.