Far West

The $1.2 trillion in automatic, across-the-board spending cuts that went into effect in March will have a low to moderate impact on public finance housing bond issuers, a new Moody's Investor Service report said Tuesday.

L.A. city committee wants alternatives to support convention center expansion if an NFL football stadium proposal falls short.

Contracts between dealer firms and public officials show that dealers are engaging in wordplay in an apparent attempt to avoid duties and restrictions placed on them by both federal statute and MSRB rulemaking.

Pensions are expected to pose a continued, and in some cases, rising source of budgetary pressure for local governments, a new Fitch Ratings report found.

Former U.S. Attorney Mary Jo White was unanimously confirmed by the Senate on Monday to serve as chairman of the Securities and Exchange Commission.

The IRS is auditing $10.24M of bonds issued by the town of Castle Rock, Colo., in 2008.

Speakers at a California League of Cities meeting held Thursday night in Monterey Park differed vastly in their opinions on the threat pension liabilities pose to local governments.

The Municipal Securities Rulemaking Board will hold an on-the-record briefing about municipal securities at a National Press Club luncheon on May 8 to attempt to educate a wider audience of journalists about the municipal market.

Now the question is how long will it take Stockton to exit bankruptcy? And how will Stockton reorganize its debts to put the city on a path to fiscal stability?

Finance officials for San Bernardino, the southern California city going through bankruptcy proceedings, plan to present a balanced budget that includes future payments to CalPERSg.