Far West

California state legislators voted unanimously to approve $55 million in emergency funding to keep Inglewood Unified School District solvent.

Legislation that is still in the pipeline includes a potential substitute for redevelopment agencies, an extension of Los Angeles County's Metropolitan Transportation Authority sales tax, and changes to school district bond anticipation note financing.

San Bernardino officials have presented a budget plan to pay for city services while in bankruptcy that leaves debt service payments untouched.

Reno, Nev. redevelopment officials are trying to come to a compromise with Washoe County over tax revenue in order to make debt service requirements.

California Controller John Chiang released reports Tuesday finding unallowable transfers by the redevelopment agencies of Milpitas and Morgan Hill.

California's state auditor released a report this week that said the Metropolitan Transportation Commission's use of toll revenues to purchase a building to serve as a new San Francisco headquarters was likely legal.

The Internal Revenue Service has stepped up its efforts to investigate possible misconduct in the municipal bond sector, more than doubling the number of examinations it conducts per year.

California Gov. Jerry Brown laid out Tuesday a pension reform agreement with lawmakers, setting the table for major legislative changes to local and state worker pensions.

A new projection produced by the Congressional Budget Office shows that both the highway trust fund and transit account, key sources of federal transportation funding, will run out of money in fiscal year 2015 under the recently enacted transportation law.

Australia-based infrastructure development giant Macquarie Capital will advise San Juan, P.R. in its quest to put together a light rail public-private partnership that has been estimated at $400 million, the city announced Monday.