Far West

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.

Leaders from three municipal bond insurers discuss the future of the insurance industry at The Bond Buyer's California Public Finance Conference.

Brownstone Investment Group, a New York-based fixed-income investment firm with a municipal bond department, opened an office in San Francisco to expand its presence to the West Coast.

The American College of Bond Counsel re-elected its officers at a meeting in Chicago.