- Arizona
Arizona voters approved more than $2 billion of bonds in the Nov. 4 election, with most of the proposals winning by a comfortable margin, according to official results.
November 12 - Arizona
Phoenix voters refused to shift more investment risk to the city's employees by rejecting Proposition 487, which would have eliminated the defined benefit pension for new employees.
November 6 - Arizona
With top credit ratings, the Arizona Water Infrastructure Finance Authority enjoyed strong demand for $345 million of revenue refunding bonds, earning savings of 6.3%.
October 31 -
At least two issuers recently redeemed or said they are planning to redeem bonds issued to finance detention facilities because of private use. One redemption was required under a settlement between the issuer and the Internal Revenue Service and the other was triggered by provisions in the offering document.
October 24 -
The Phoenix City Council has approved a $103 million construction contract for the first phase of a $590 million renovation of Terminal 3 at Sky Harbor International Airport.
October 16 - Arizona
Arizona's Treasurer and Republican candidate for governor is easing off calls for elimination of the income tax amid a $520 million deficit in the current fiscal year and a potential $1 billion shortfall in the next.
October 15 - Arizona
Moody's Investors Service has shifted the outlook on its A3 rating of Glendale, Ariz., to stable from negative, citing continued improvement and solid liquidity.
October 1 - Arizona
As other Arizona cities took on long-term debt for professional sports facilities, the Phoenix suburb of Chandler gave Major League Baseball its walking papers and pursued more promising ventures. Spring training left but prosperity followed.
September 29 - Arizona
The Marana Unified School District near Tucson will ask voters for $125 million of bond authority in the Nov. 4 election for an array of projects.
September 26 -
Citing weak debt coverage, Standard & Poor's downgraded Arizona Health Network's revenue bonds to BBB from BBB-plus and retained a negative outlook.
September 24