Far West

Riverside County bids to take Los Angeles County's trash in a revenue enhancing measure.

The California State Teachers Retirement System pension fund has a $64 billion deficit in its defined benefit program, according to a report.

Build America Mutual Assurance Company wrapped its first California deal on Wednesday. BAM insured $12 million of general obligation bonds for the Washington Unified School District in Fresno, California.

The outlook for U.S. toll roads is negative for the fifth consecutive year, according to a Moody's Investors Service analysis of expectations for the sector over the next 12-18 months.

Municipal market insiders say muni-related items working though the Securities and Exchange Commission will likely remain on track if Mary Jo White, a securities litigator and former U.S. prosecutor, becomes the SEC's new chairman.

Moody's Investors Service has put 11 triple-A rated municipal credits, including one state, one major city and two state housing authority programs, on negative watch following a new analysis of issuers with indirect links to the federal government.

San Francisco's general obligation rating has been raised one notch to Aa1 by Moody's Investors Service amid an improving economy.

Several individuals have emerged as candidates to replace Transportation Secretary Ray LaHood when he steps down, but that person will need to be very proactive to affect meaningful policy, lobbyists say.

The Internal Revenue Service is auditing some 2002 auction rate securities issued by an Alaska authority and has closed an audit of some 2006 Louisiana transportation bonds with no change to their tax-exempt status.