Nevada

John Boyd, principal at The Boyd Company, chats with Chip Barnett about how the COVID-19 pandemic and hybrid work has altered the way companies look at cities and states when they think about locations for their headquarters. (20 minutes)

Gov. Gavin Newsom's focus on voluntary water conservation has not brought much in the way of water conservation — consumption grew 19% year-over-year.

States face a multi-trillion infrastructure gap, which they need to address with a sense of urgency, a speaker at the Milken Institute Global Conference said.

If state and local governments make progress on social problems with federal relief funds, it could be credit positive for them, Moody’s Investors Service said.

Gov. Steve Sisolak plans to dedicate $500 million in federal funds to developing affordable housing.

The city’s financial status was so distressed after the 2008 economic crash that there was talk of insolvency.

If Nevada surpasses $500 million in gaming revenues in December, it will become the greatest single-year total.

Arizona, Nevada and California agreed to bank more water in the rapidly shrinking Lake Mead as drought wreaks havoc on Colorado River water supplies.

Fitch cited the state's stronger-than-anticipated rebound from the pandemic's lows in revising the outlook on its AA-plus rating from negative.

New money volume in the Far West was up 31.9% to $29.5 billion, while refunding volume rose a more modest 11%.

Moody's revised the outlook on Nevada's GOs and COPs to stable from negative.

Brightline Holdings will wait until 2022 to try again to finance a passenger train to Las Vegas from Southern California with tax-exempt bonds.

Arizona and neighboring states are preparing for the first mandatory cuts in water from the Colorado River after 20 years of drought.

Gov. Steve Sisolak opted to form a joint committee to study the idea, rather than proposing legislation this session.

The three mining tax proposals would require a constitutional amendment because the current tax cap is baked into the constitution.

The second bankruptcy of the Las Vegas Monorail was much smaller than the first, and bondholder Preston Hollow LLC is getting paid a full $22 million.

Clark County, Nevada's reserve draw, brought about by low hotel tax revenues, has no rating impact on the limited tax general obligation bonds, Moody's said.

California will give the private activity bond capacity granted to the high-speed rail project to affordable housing projects and other qualifying ventures.

Pricing was delayed for a $3.2 billion municipal bond deal to finance a passenger railroad between southern California and Las Vegas.

The company's upcoming $3.2 billion deal marks the largest sale of unrated debt in the muni market.