Far West

Private investment is key to the train's future, said the CEO.

The Montana Facility Finance Authority can directly issue debt for a broader array of organizations following a legislative change.

California Gov. Gavin Newsom released an enforcement model in conjunction with $3.3 billion in grant funding from a bond measure.

The state's legislative analyst's office expects revenues for the fiscal 2025-26 budget year to be $7.8 billion lower than estimated in January.

Veteran muni banker Debra Saunders is working to help tribal governments access government financing and debt markets for energy projects.

Lawsuits claiming the LADWP failed to keep a reservoir filled or maintain water equipment were cited in KBRA's downgrade of its water system's revenue bonds.

Speakers discussing how the U.S. will fare in the world post-Trump trade war and anti-immigration policies were largely optimistic.

KBRA downgraded Los Angeles GO bonds to AA from AA-plus in the city's second downgrade within a week. The city's lease revenue bonds were also cut.

Long Beach has few, if any, peer credits for the $88 million of marina revenue refunding bonds it plans to price next week.

The bill would create a not-for-profit corporation modeled after California's IBank, but with more flexibility to handle large-scale projects, backers say.