Far West

  • California

    Santa Ana, Calif., and Orange County Fire Authority leaders on Monday signed a contract to have the county fire department absorb the city’s 128-year-old fire department.

    March 8
  • California

    Los Angeles’ top financial official sent a letter to union officials Tuesday saying that the city cannot afford pay raises due nearly 20,000 workers July 1, according to published reports.

    March 8
  • California

    The City Council of troubled Hercules, Calif., voted Tuesday to put a half-cent sales tax on the June ballot.

    March 8
  • California

    San Jose city leaders voted Tuesday to ask residents to decide on pension reform.

    March 8
  • California

    SAN FRANCISCO — The National Federation of Municipal Analysts warned Wednesday that uncertainty surrounding California redevelopment agencies' $23 billion of debt could lead to further defaults.

    March 7
  • A dispute over the revenue projections for the Dulles Toll Road provides the backdrop for a hearing the Fairfax County, Va., Board of Supervisors is preparing to hold March 20 to decide whether to approve the next phase of construction on an associated rail line.

    March 7
    dulles-route-map.pdf
  • California

    LOS ANGELES — Officials from Los Angeles travel to San Francisco, Chicago and the East Coast twice a year to talk to investors, but this year city officials decided to host a conference of their own and invite investors to come to them.

    March 7
  • WASHINGTON — The number of municipal securities that traded in 2011 remained largely unchanged from 2010 and the volume of trades of less than $100,000 rose during the period, suggesting that more retail investors may be buying and selling municipal bonds.

  • Washington

    The Municipal Securities Rulemaking Board proposed rule changes and interpretive guidance aimed at ensuring that underwriters and dealers comply with an issuer's instructions to sell bonds to retail investors during retail order periods.

  • Washington

    WASHINGTON — This year, the volume of municipal debt issuance is expected to increase from the suppressed levels in 2011 caused by curtailed federal spending, federal cuts to Medicaid and Medicare, and pent-up capital requirements and borrowing needs, according to a report Moody's Investors Service released Monday.

    March 6