WHEFA Releases 2015 Annual Report
Washington Higher Education Facilities Authority (WHEFA) has released their annual report for 2015, detailing ongoing finance projects, last year's successes, and listing outstanding bonds issued by the organization throughout the state.
Western WA School Bonds and Levies Receive Voter Approval
A string of school bonds and levies proposed throughout western Washington have received voter approval, paying for everything from teaching supplies to teacher salaries to new buildings.
WA Touts Successful $521M Bond Sale
According to the Bond Buyer, Washington state sold $321.6 million in general obligation bonds along with $200.5 million in motor vehicle fuel tax bonds in a successful sale achieved in volatile market conditions.
WA Clean Energy Fund Is Delivering Outside Funding, Results
According to The Seattle Times, the Washington State Clean Energy Fund is on track to be an enormous success, attracting $60.5 million in outside funding on top of the state's initial $36 million investment. The fund is impacting smart grid grants, job creation, revolving loan fund proliferation, and hastening clean energy research and development.
WA Localities Damaged by Storm Gets Federal Aid
After winter storms resulted in damages over $19M, the Federal Government has approved financial assistance to localities damaged by the December winter storms, The Bond Buyer reports.
Moody's Assigns Aa1 to $522M WA General Obligation Bonds
Moody's Investor Services recently rated $522M in Washington State general obligation bonds Aa1, declaring the outlook stable due to the state's sound management tools, positive revenue trends, and employment gains throughout the state.
Spokane County to Utilize TIF for Costco Expansion
Spokane County is finalizing an agreement with Costco Wholesale Corp to development a new tax increment financing district where a new Costco store will be developed, according to the Spokane Journal.
WA Refinancing Adds to $1B Budget Relief
According to Bloomberg Business, a recent state refinancing and sale of $673M in bonds has greatly bolstered the state budget.
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