Far West

Moody's Investors Service has revised its outlook for the U.S. states sector to stable from negative, while the outlook for local governments remains negative.

California State Controller John Chiang has updated the state’s website of government employee compensation with the latest pay data.

California was not the only target of a transit union's efforts to exempt transportation employees from state pension reform efforts. Wisconsin, Minnesota, New Jersey and Massachusetts have complied.

Standard & Poor's revised its outlook to stable from negative on Madera County's Irrigation District.

Los Angeles Mayor Eric Garcetti threw down the gauntlet on the Los Angeles Department of Water and Power contracts prior to an all-day Friday council session to discuss the subject.

The Internal Revenue Service sent an updated Form 5701 Notice of Proposed Issue to Florida's Village Center Community Development District this week with regard to it not being a political subdivision for tax-exempt financing purposes.

Six months after Zapata County, Texas received notification from the Internal Revenue Service, that $9.97 million of their bonds were being audited, the county is working to resolve the tax law dispute and may end up paying a settlement or refunding its bonds.

The Portland Metro Council approved a financing plan for a 600-room Hyatt hotel near the Oregon Convention Center, which includes issuing bonds backed by room taxes.

The tax-exempt market ended weaker Thursday, following Treasuries, as two major deals priced in the primary market, including $5.5 billion of California notes and Chicago Parks District.

Officials overseeing bankrupt JeffCo get a lesson in "disclosure responsibilities" from disclosure expert John McNally, a partner at Hawkins, Delafield, & Wood.