Far West

California Gov. Jerry Brown signed a bill that establishes parameters for school and community college bond capital appreciation bond issuances.

The Internal Revenue Service has either resolved tax issues or closed audits with no changes to bonds in New Jersey, Louisiana, and Nassau County, N.Y., according to event notices filed on the Municipal Securities Rulemaking Board's EMMA system.

Late U.S. Senator Daniel Inouye was honored Wednesday by the American Public Transportation Association for his efforts championing Honolulu's elevated rail transit project.

California is planning to sell $2 billion of new money and refunding general obligation bonds this month, according to the state treasurer's office.

California's debt service payments this year are a smaller percentage of general fund revenues than previously estimated, according to a report from State Treasurer Bill Lockyer.

The board of Mercer Island School District in the Seattle area approved a $100 million bond election for school construction and expansion.

Conference speakers discounted the idea that the factors that drove several cities across the country into Chapter 9 bankruptcy are an aberration.

The bankrupt city of Stockton, Calif. said it would continue making CalPERS payments in a draft of its proposed plan of adjustment, which the city council will take up on Thursday.

Municipal finance industry professionals discussed the importance and process of continuing disclosure practices during The Bond Buyer's California Public Finance Conference.