Far West

  • California

    The California Department of Finance said Wednesday that state revenues in January came in $630 million below forecasts in the Gov. Jerry Brown’s budget proposal.

    February 16
  • Two of the largest public transit projects planned as part of Los Angeles’ effort to create a comprehensive rail system traversing Los Angeles County got the nod in President Obama’s budget.

    February 16
  • A decision by the Los Angeles World Airports board of commissioners would appear to soften their stance on returning LA/Ontario International Airport to local control, though LAWA has posted a new website saying otherwise.

    February 16
  • California

    When it comes to the regional economies of Southern California, first in, first out applies to Orange County, as its economy began to recover in September 2010, according to a report released Wednesday by the Los Angeles County Economic Development Corp.

    February 16
  • Washington

    WASHINGTON — The Municipal Securities Rulemaking Board wants the Securities and Exchange Commission to approve proposed guidance that details how underwriters should treat municipal issuers under its fair-dealing rule, despite dealers' requests for a delay.

    February 15
  • WASHINGTON — As both the House and Senate began debating highway reauthorization bills on Wednesday, the associated revenue measures came under attack.

    February 15
  • Tax

    Seventeen muni groups are urging members of Congress to reject President Obama's proposal to place a 28% cap on the value of tax-exempt interest, warning it will hurt the market and that its retroactivity will reverse nearly 100 years of legislative history.

    February 15
  • The Federal Aviation Administration reauthorization bill that President Obama signed into law Tuesday did not give airports new flexibility to raise fees used to back bonds, but an analysis by Moody's Investors Service said the law will still strengthen airport credits.

    February 15
  • LOS ANGELES — Hawaii legislators advanced two bills on Friday intended to help St. Francis Healthcare System of Hawaii reopen two Oahu hospitals, one of which would provide the system with $80 million in special-purpose revenue bond authority.

    February 14
  • California

    SAN FRANCISCO – Standard & Poor’s has revised the outlook on its A-minus rating for California to positive from stable.

    February 14