Far West

Four municipal market groups are urging the Treasury Department and the Internal Revenue Service to publish guidance on determination of issue price for tax-exempt, tax credit and direct subsidy bonds.

Four transportation projects will be expedited as part of the president's "We Can't Wait" program, the Obama Administration announced this week, including the $3.5 billion Columbia River Crossing linking Vancouver, Wash. and Portland, Ore.

California says 27 local governments owe more than $120 million of redevelopment agency tax money.

Moody's Investors Service is considering across-the-board and targeted downgrades in California in the aftermath of the state's recent municipal bankruptcies.

A new push is on in California to readdress whether some nonprofit hospitals deserve their tax-exempt status.

Oregon City, Ore. voters will decide on a measure to require voters to approve future bonds funded by urban renewal districts.

Moody's Investors Service downgraded North Las Vegas, Nev. to Baa2 from A3 due to the city's ongoing financial problems.

Fitch Ratings affirmed its AA-minus rating on Bay Area Toll Authority senior toll bridge revenue bonds in a report on $305 million of BATA debt set to be reoffered next month.

California State Controller John Chiang said Monday revenues in July came in $475 million below estimates in the state budget.

California plans more than $2 billion in GO bond sales this fall, including $1.6 billion Sept. 25.