Far West

ALAMEDA, Calif. — Conflict looms when Nevada lawmakers convene Monday to map out a budget for their recession-battered state.

SAN FRANCISCO — Anschutz Entertainment Group is pushing a $1 billion plan to build a football stadium and events center in downtown Los Angeles that could involve hundreds of millions of dollars of new debt and the retirement of outstanding bonds.

WASHINGTON — The District of Columbia released its comprehensive annual financial report for fiscal 2010 on Monday as its chief financial officer warned against letting the surplus in the general fund slip further in fiscal 2012, which will begin on Oct. 1.

WASHINGTON — California is not the first municipal issuer to prohibit underwriters from passing along industry trade-group fees to taxpayers through bond transactions.

WASHINGTON — Rating analysts are closely watching to see if states make structural changes in their finances to avoid their current fiscal problems as opposed to making one-time fixes that will not solve their underlying imbalances, a Standard & Poor’s analyst said Tuesday.

SAN FRANCISCO — Oregon Gov. John Kitzhaber unveiled a balanced budget proposal Tuesday for fiscal years 2012 and 2013 that reduces general-fund supported general obligation bond sales by 80% from the prior biennial spending cycle.

State revenues increased 6.9% in the fourth quarter of 2010, capping a full year of revenue growth and easing concerns that states should be able to file for bankruptcy protection, according to officials at the Nelson A. Rockefeller Institute of Government, which issued a report Tuesday.

ALAMEDA, Calif. — California Gov. Jerry Brown threw down a gauntlet to opponents of his budget proposal during his state of the state address Monday night, when he challenged them to craft alternative solutions for the parts they oppose.

WASHINGTON — The Securities and Exchange Commission announced Monday that investors can for the first time access detailed information that money market funds file with the SEC under changes to Rule 2a-7 that it implemented last year.

ALAMEDA, Calif. — A recent California appeals court ruling will require developers of many community facilities districts to pay so-called prevailing wages for all public improvements, whether or not they are financed with bonds.