Far West

Moody's Investors Service is considering changing how it rates local government general obligation bonds to increase the weight of its analysis for debt and pension liabilities, it announced Wednesday.

Los Angeles Mayor Eric Garcetti announced his seven appointments to the city airport board that formulates policy for Los Angeles International Airport and three other airports.

The Montana Board of Housing on Monday received an Aa1 rating and stable outlook from Moody's Investors Service ahead of plans on Aug. 19 to price $50 million in single family program bonds.

The District of Columbia will issue $99.43 million of tax-exempt revenue bonds for the National Law Enforcement Officers Memorial Fund to finance construction of a new museum.

The Los Angeles City Council has cleared its Friday council agenda in order to spend the entire council session discussing the four-year contract with Los Angeles Department of Water and Power workers.

The National Association of Bond Lawyers has announced a slate of officer and director nominees the group will vote on at NABL's annual meeting Sept. 25 in Chicago.

Baptist Health South Florida Obligated Group has agreed to pay $597,751 to settle Internal Revenue Service alleged tax rule violations and preserve the tax-exempt status of $800 million of hospital revenue bonds issued in 2007.

Raymond James has expanded its public finance team on the west coast with the addition of Tom Innis as a managing director.

The Municipal Securities Rulemaking Board has released a continuing disclosure guide providing issuers with a road map of their obligations under MSRB rules, citing a slew of recent federal enforcement actions in which issuers sometimes failed to file the required information.

California's revenues came in below estimates during the month of July, according to a report released Monday by State Controller John Chiang.