News and Information from Bond Buyer

Kansas City, Mo. voters on Tuesday authorized $500 million in water-revenue bond borrowing and city charter changes that will impact city financial planning.

Hercules closed on its tender offer Thursday avoiding potential bond defaults and sealing the deal on the sale of its utility to invester-owned Pacific Gas & Electric.

Pension risks for state and local governments will continue to be higher than those for corporations, Moody's Investors Service said in a report Thursday.

The Missouri House approved placing on the November ballot a 1 cent sales tax increase to fund transportation projects.

Municipal funds reported the biggest inflows in seven weeks, as interest rate concerns faded and investors sought high yields.

An income tax surcharge on income over $1 million won't appear on Illinois' November ballot after its sponsor decided to yank it from consideration.

San Mateo County is planning to sell $210 million of lease revenue bonds to finance construction for a new correctional facility in Redwood City, Calif.

After seven years where Puerto Rico's economy generally declined, several economists say there are signs that it is stabilizing.

Georgia saw revenues increase by 12.3% in March, the ninth consecutive month collections have gone up this year.

Tax revenues from recreational marijuana in Colorado are exceeding pre-legalization expectations and will continue to grow, according to a Moody’s Investors Service report.

Municipal Bond Funds' flows turned positive this week after outflows for the last two weeks.

The District of Columbia's new chief financial officer will likely oversee the issuance of more than $1 billion of bonds in fiscal 2015 and hopes to develop a plan that assesses D.C.'s capital challenges and how best to meet them over the long term.

William Hayden, former managing director of public finance at JPMorgan, has been hired by PNC Financial Services as the Pittsburgh bank expands its municipal practice.

Apr. 11, 2014 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aaa/AAA/AAA 0.15 1.26 2.43 3.57 California A1/A/A+ 0.18 1.43 2.8 4.07 Hawaii Aa2/AA/AA+ 0.16 1.36 2.62 3.78 Idaho Aa1/AA+/NR 0.15 1.36 2.63 3.8 Montana Aa1/AA/AA+ 0.17 1.37 2.63 3.79 Nevada Aa2/AA/AA+ 0.2 1.41 2.66 3.84 Oregon Aa1/AA+/AA+ 0.15 1.32 2.5 3.69 Washington Aa1/AA+/AA+ 0.16 1.36 2.62 3.81 Wyoming NR/AAA/NR 0.15 1.34 2.52 3.67

4/10/2014 4/3/2014 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 $0 0 $0 $0 California 8 1,571,730 10 1,442,410 129,320 Hawaii 0 0 0 0 0 Idaho 1 3,845 5 20,410 -16,565 Montana 1 71,500 0 0 71,500 Nevada 0 0 2 200,850 -200,850 Oregon 0 0 0 0 0 Washington 5 80,780 4 665,740 -584,960 Wyoming 0 0 0 0 0

Indicator Last Report Forecast Actual Import Prices Feb.: +0.9% March: +0.2% March: +0.6% Initial Claims 3/29: 332,000 4/5: 320,000 4/5: 300,000 Cont. Claims 3/22: 2.838M 3/29: 2.850M 3/29: 2.776M Treasury Budget Feb.: -$193.5B March: -$78.0B March: -$36.9B

Monday, April 14 Issuer St Description Amount

Monday, April 14 Issuer St Description Amount

Week Of April 14 Issuer St Description Amount