Idaho

Moscow, idaho, City Supervisor Gary Riedner and city staff presented the details of the city's proposed fiscal year 2018 budget, which includes a $10 million bond residents would vote on in May, to City Council members at a budget workshop Monday.

Initial budget documents from the city of Moscow, Idaho, for next year indicate the staff is recommending the City Council seek a $10 million bond, plus increase the property tax levy and raise rates for water and sewer service.

SHOSHONE, Idaho -- The Shoshone School District will bring a $6 million bond to voters in August.

The Lewiston School District secured funding for constructing a new Lewiston High School while locking in a "really good" interest rate during its bond sale Thursday.

Area residents who want to purchase bonds for the new Lewiston High School will have the chance starting May 31 -- an offer Lewiston, Idaho, resident Don Lloyd said he intends to take advantage of.

The Clarkston, Idaho, School Board decided this week to aim for a high school construction bond election this November, instead of February 2018.

RUPERT, idaho -- About three dozen Rupert citizens questioned Rupert officials Monday about the city's proposed $3.96 million general obligation bond for infrastructure that will be put before city voters May 16.

Two major construction projects on U.S. Highway 95 in North Idaho are at the top of the list for funding if Gov. Butch Otter signs a major transportation bill that lawmakers passed.

Far West issuers sold $90.7 billion of municipal bonds in 2016, a 8.5% increase over the prior year.

Idaho’s Housing & Finance Association bonds were downgraded by Moody’s Investors Service ahead plans to price $37.2 million today.

Idaho's recent increase in education funding should boost the credit quality of the state's schools, according to a Moody’s Investors Service report.

Far West issuers sold $83.6 billion of municipal bonds in 2015, a 26.5% increase over the prior year, as refundings continued to drive volume.

Fitch Ratings placed two series of Idaho Housing Finance Association single-family mortgage bonds totaling $354 million on negative watch

A local engineering firm and its founder made a $2 million donation that provides one quarter of the local matching funds needed to qualify for federal grants on a $119 million runway project.

Far West issuers sold $48.3 billion of municipal bonds in the first half of 2015, a 70% increase from the first six months of 2014 that was driven by refundings.

Moody’s Investors Service downgraded to Baa3 from A2 the rating of Bingham County School District No. 55 affecting $5.4 million in debt.

Idaho officials reassured investors about uncertainty surrounding federal funding for the state's multi-year highway construction program in a net road show ahead of the state's plans to price $157.5 million in grant and revenue anticipation refunding bonds on June 15.

Moody's Investors Service upgraded Canyon County School District No. 131, Idaho to Baa1 from Baa3.

A northern Idaho school district superintendent wants state legislators to sponsor a proposal that would allow school districts to use sales tax increases to pay for school construction.

Moody's Investors Service affirmed an Aa1 rating with a stable outlook on $382 million in outstanding Idaho Bond Bank Authority revenue bonds ahead of plans to price $12.8 million on Nov. 6.