Far West

The Internal Revenue Service is auditing $604.14 million of general obligation limited tax bond bank bonds that were issued by Clark County, Nev., in 2006.

Richmond, Calif., took a step toward setting up a mortgage principal reduction program for homeowners using its eminent domain powers to seize loans.

Reforms to the tax-exemption of municipal bonds should be "careful and deliberative, particularly in how they treat previously-issued debt," a report from the Committee for a Responsible Federal Budget said.

California’s August revenues were down by just four-tenths of a percent, according to a recent report from the State Controller.

California Gov. Jerry Brown and the state’s legislative leaders made a deal to avoid a federal court order that could unlock the prison gates for thousands of felons.

The multi-billion dollar Columbia River Crossing project may be financially viable as long as certain conditions are met, according to a top official in the Oregon State Treasury.

California Sen. Kevin De Leon, a Los Angeles Democrat, introduced a bill he said would deter corrupt officials from receiving bloated pensions.

The Municipal Securities Rulemaking Board has filed revised amendments with the Securities and Exchange Commission seeking to modify earlier rule change proposals governing retail order periods.

Hawaii’s Department of Budget and Finance will act as the conduit issuer for Hawaii Pacific Health on $160 million in special purpose revenue bonds expected to price Tuesday.

The Internal Revenue Service has closed its audit of $149.09 million of Beaverton, Ore., School District general obligation bonds with no change to the bonds’ tax-exempt status.