Alaska

ALAMEDA, Calif. — Moody’s Investors Service upgraded Alaska to Aaa Monday, as the state prepares to sell $200 million of general obligation bonds.

Anchorage Mayor Dan Sullivan delivered a shot across the bow to the city's employees when he unveiled his proposed 2011 budget Oct. 1.

SAN FRANCISCO — Alaskans will vote on about $1 billion in bonding authority during the November election in an effort by lawmakers to fund school construction and home loans for military veterans.

MENLO PARK, Calif. — Alaska’s state airport authority will sell $174 million of tax-exempt paper next week to pay for debt refunding and runway repairs, according to a state official.

ALAMEDA, Calif. — Issuers in the Far West sold $43.36 billion of municipal bonds in 672 transactions during the first six months of 2010, according to Thomson Reuters, down from $47.12 billion in 600 transactions in the first half of 2009.

Alaska general fund spending would grow more than 8.5% in fiscal 2011, under the budget proposal Gov. Sean Parnell delivered Monday.