Far West

The San Francisco Public Utilities Commission's water and power enterprise operations have not been impacted by California's wildfire, according to recent disclosure filed with the MSRB.

Gov. Jerry Brown has proposed legislation to avoid a mass release of prisoners. It would cost California up to $315 million.

Tennessee has the highest combined state and local rate of 9.44%, a Tax Foundation study said Wednesday.

The Virginia Department of Transportation and the Elizabeth River tunnels' private partner are asking the Virginia Supreme Court to reverse a lower court's ruling that planned tolls for the project and provisions of the state's transportation P3 law are unconstitutional.

California Governor Jerry Brown plans to spend $315 million from state reserves this year to meet a federal court order to reduce overcrowding in the state's prisons.

California sold $764 million of general obligation bonds in a competitive offering on Tuesday. Citi and JPMorgan won the auctions.

Richmond, Calif.'s plan to seize underwater mortgages using eminent domain could have a far-reaching impact on the U.S. residential mortgage-backed securities market, according to Standard & Poor's.

Despite improving local revenue growth, severe budget challenges persist at the local level, namely the unsustainable nature of defined benefit contribution plans, a Wells Fargo Securities report said Monday.

Standard & Poor's has revised its outlook to positive from stable on St. John's Medical Center in Wyoming.