Far West

Moody's Investors Service has downgraded North Las Vegas' general obligation bonds two notches to A1 from Aa2 because of major declines in the city’s tax base.

Nevada Treasurer Kate Marshall issued a statement earlier this month in reaction to what she considered misreporting on the state's debt burden.

Chowchilla has made its full June interest payment on its lease revenue bonds after previously defaulting and using up its reserve fund.

California Gov. Jerry Brown signed two bills tied to the budget Wednesday that will effectively eliminate most redevelopment agencies, sparking a legal battle.

Local fisherman in Fairbanks don't have as many fish stories as they expected, because of problems with a bond-funded hatchery.

WASHINGTON - Market participants and industry groups forged a tentative consensus around pension-disclosure guidance floated last month by the National Association of Bond Lawyers, with analysts and issuers overcoming initial reluctance to embrace the plan.

WASHINGTON - The Securities and Exchange Commission voted unanimously Wednesday to propose new rules governing transactions between swap dealers and customers, including state and local governments.

SAN FRANCISCO - California lawmakers on Tuesday prepared to pass a budget with the governor's blessing, one that appears to avoid major structural changes but relies instead on a rosy revenue outlook.

SAN FRANCISCO - Moody's Investors Service downgraded Stockton, Calif., two notches Tuesday to A3 from A1 because of its ongoing financial problems.

The Crystal City, Tex., Public Facilities Corp. has received an adverse tax determination notice from the Internal Revenue Service for $14 million of bonds issued in 2003 for a prison.