Far West

Seattle voters will decide in November whether to authorize $290 million of bonds to help rebuild part of the city's seawall and downtown piers.

The Portland, Ore. school board voted unanimously on Monday to prepare a $482 million bond measure for the November ballot.

Fitch has downgraded the Baldwin Park Financing Authority, Calif.'s sales tax and tax allocation bonds to BB from BBB.

California Controller John Chiang said in report that the state ended the fiscal year with a $1.4 billion shortfall that was $1 billion less than expected.

Fitch Ratings downgraded San Francisco Community College District three notches due to concerns about its accreditation.

Sen. Chuck Grassley, R-Iowa., has put a hold on two Treasury nominees.

San Bernardino's surprise decision to file for bankruptcy, becoming the third California city to do so in less than a month, has shaken the municipal market and set up a likely showdown with bondholders.

Big bond commitments will be a major piece of the funding puzzle when it comes to constructing a national high-speed rail system, U.S. Transportation Secretary Ray LaHood affirmed Wednesday.

A bipartisan group of senators will introduce an amendment to the small-business tax credit bill this week that would require online retailers to collect sales taxes from out-of-state customers.

In the aftermath of financial guarantees by Scranton, Penn. and Stockton, Calif. recently contributing to the cities' defaults, the Government Accounting Standards Board is seeking to improve the visibility of these guarantees.