Far West

California has somehow managed to outpace the country in job creation numbers even as the state posts a 10.7% unemployment rate, according to the newest UCLA Anderson Forecast.

California general fund revenues in August came in $138 million above forecasts in the adopted state budget.

Gary Goldsholle, vice president and association general counsel at the Financial Industry Regulatory Authority, has been named general counsel at the Municipal Securities Rulemaking Board and will join the board in late October.

The House of Representatives passed a bill late Wednesday that would narrow the definition of municipal advisor and exempt a number of market participants from being subject to MA registration and other rules.

Fitch Rating analysts suggest three recent California bankruptcies could lead to more California cities filing for Chapter 9 bankruptcy.

State tax collections increased by 3% for the 10th straight quarter from April to June, according to a new report from the Rockefeller Institute of Government.

Victorville staff have recommended that the City Council reject the claims by Kinsell, Newcomb & De Dios for their costs in dealing with probes by the Securities and Exchange Commission and the San Bernardino County grand jury stemming from bond deals involving KND.

Hawaii lawmakers criticized tax report that recommends raising taxes to solve unfunded pension liability issue.

State Treasurers Meeting in Alaska Passed a Resolution asking Moody’s for Clarification of its Plans for Changing its Methodology for Evaluating Public Pension Fund Liabilities.

Honolulu is pricing up to $300 million in sewer bonds Sept. 20 to help fund a $3.5 billion long-range capital improvement plan.