Far West

LOS ANGELES — A proposal to create a bond bank in Washoe County, Nev., has critics worried that the county would needlessly put its double-A credit ratings at risk.

SAN FRANCISCO — Moody's Investors Service warned Monday that California's expected mid-year budget cuts could result in further school district downgrades.

PHILADELPHIA — The Securities and Exchange Commission is preparing procedures that it will use to conduct examinations of independent, non-dealer municipal advisors to see if they are complying with federal laws and rules pertaining to municipal securities, , an SEC official said Thursday.

SAN FRANCISCO — A Washington judge has dismissed a lawsuit that tried to void the state's $519 million bond deal for a floating bridge project.

North Las Vegas could face a budget shortfall of more than $15 million next year unless employee unions again agree to substantial concessions, according to published reports.

Staff of the California Health Facilities Financing Authority recommended approving a plan to issue $275 million of bonds on behalf of San Diego-based Scripps Health.

Fitch Ratings assigned a AA-minus rating Wednesday to a planned $355 million bond issuance on behalf of Sacramento-based Sutter Health, which owns, leases and-or operates 31 hospitals.

California Gov. Jerry Brown announced he has appointed Paul Rosenstiel to the California State Teachers' Retirement System Board.

The California Legislative Analyst's Office said in a report Tuesday that the funding for the first stage of the state's high-speed system is highly uncertain.

SAN FRANCISCO — An arena in eastern Washington is headed for a $42 million default Thursday after state lawmakers failed to pass a rescue bill in time during an emergency session.