Nevada

Moody's Investors Service said the deteriorating fiscal situation in North Las Vegas increases the likelihood of state intervention.

Fitch Ratings warns that North Las Vegas could become insolvent as officials in the suburb of Las Vegas have identified no clear plan to address a large deficit.

Nevada Gov. Brian Sandoval has named Julia Teska as his new budget chief and director to replace Jeff Mohlenkamp who will retire on April 4.

Term limits are forcing an election-year shuffle in Nevada's finance positions.

Las Vegas received a revised outlook to stable from negative from Fitch Ratings which affirmed its AA rating for limited-tax general obligation bonds.

Standard & Poor's Rating Services joined two other rating agencies in lowering the rating on North Las Vegas’ limited-tax general obligation debt to junk. The outlook for the Las Vegas suburb is junk.

Amid worsening drought that has lowered the level of Lake Mead, The Arizona Power Authority is preparing to issue $25 million of taxable revenue bonds for upgrades to the Hoover Dam.

Sales of municipal bonds in the Far West bucked the national trend in 2013 by rising from 2012, as new money swapped with refundings as the market driver in the region.

Troubled North Las Vegas received two downgrades to its already junk-rated debt after a judge ruled against a state of emergency the city employed last year to avoid honoring union contracts.

Baltimore-based developer The Cordish Companies has until June to submit a proposed financial agreement to the Las Vegas City Council to develop a $390 million arena and entertainment district.

The Nevada Board of Finance on Tuesday approved a $100 million bond to help fund a $1 billion highway widening project on a nearly two-mile stretch of Interstate-15 that provides access to major Las Vegas resorts.

The Internal Revenue Service has chosen to audit $65 million of general obligation, limited tax, school improvement bonds issued by the Washoe County, Nev. School District in 2007.

Nevada secured two Triple-A ratings and a Double A-plus rating ahead of plans to price $573 million in unemployment compensation fund special revenue bonds on Oct. 29.

Nevada plans to price $650 million in unemployment insurance revenue bonds on Oct. 29 to repay the federal government for outstanding balances.

Pat Mulroy, general manager of the Southern Nevada Water Authority, Monday announced plans to retire.

Sales of municipal bonds in the Far West region grew by almost 11% during the first half of 2013 compared to a year earlier as low rates continued to drive volume.

Ambac Assurance Corp will make supplemental payments on some policies in a segregated account that the company established to hold troubled liabilities during its bout with bankruptcy.

The U.S. Department of Transportation has suspended consideration of a $5.5 billion loan request for a high-speed rail project from Las Vegas to Southern California.

The Internal Revenue Service has closed its audit of $650 million of general obligation limited tax school bonds issued in 2007 by Clark County, Nev. School District without changing their tax-exempt status.

Fitch Ratings downgraded $440 million of bonds issued by North Las Vegas to speculative grade due to the city's ongoing financial problems.