Far West

Washington's Treasurer James McIntire is unhappy with Moody's Investor Service's recent change to how it evaluates state pension liabilities and costs.

A disagreement between two Hawaii legislators has left $175 million in revenue bond proceeds aimed at preserving agricultural land stranded, according to a report.

Standard & Poor's revised on Monday its outlook to stable from negative, but affirmed its BB underlying spur on several series of subordinate tax allocation bonds issued by Lancaster Financing Authority, Calif.'s.

Poseidon's $922 million Carlsbad desalination project was honored as a pioneering collaborative approach to funding large-scale desalination projects.

The disconnect between politicians planning horizon and the longer vision required to plan for retirement funding benefits was discussed at the National Federation of Municipal Analysts annual conference.

The Internal Revenue Service has told a Florida Congressman that the agency will not be providing guidance on political subdivisions that would affect community development districts in the state.

Abstract: Rep. Chris Van Hollen, D-Md., ranking minority member on the House Budget Committee, is worried there will be a replay of the 2011 debt limit debacle this year, which compromised the credit rating of the U.S. for the first time in history and halted sales of state and local government series securities for municipal bond issuers.

The impact of advances in information technology and the proliferation of open networks are mostly positive for financial markets, said speakers at the Milken Institute Global Conference in Beverly Hills.

The Securities and Exchange Commission has filed a lawsuit against Victorville, Calif., a city official, the Southern California Logistics Airport Authority, and underwriter Kinsell, Newcomb & DeDios, charging them with defrauding investors by inflating valuations of property in connection with a 2008 bond offering.

A small health care district in Northern California, the Mendocino Coast Health Care District, is still slogging its way through Chapter 9 bankruptcy and hopes to exit this summer without impairing bondholders.