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The article announces that the fourth debt issue in 13 months of Truckee Meadows Water Authority in Nevada will happen on August 16, 2006. It will be the first commercial paper transaction out of a $160 million, three-year authorization by the issuer's board of directors this year. The August sale of $30 million in commercial paper will have Bear Stearns & Co. and Goldman Sachs & & Co. each underwriting an equal-sized tranche.

The article reports on the competitive sale of Clark County, Nevada's 200 million dollars in general obligation bonds. The bonds will refund commercial paper issued to finance flood protection projects. The bonds are refunding short-term paper with variable rates. The plan calls for building of 120 different water detention basins across the 8,000 square miles of land encompassing the greater Las Vegas metropolitan area.

Reports on Las Vegas Valley Water District's call for proposals from securities firms interested in providing dealer services for a tax-exempt paper program to be used in the ongoing capital construction program of the Southern Nevada Water Authority.

Reports on the postponement of the sale of limited general obligation bonds in Washoe County, Nevada due to the inability of local officials to formulate an official statement about the deal. Plan of the officials to use the sale proceeds to finance the expansion of a convention center; Concerns on the impact of the year 2000 computing crisis for the transaction.

Reports on the plan of Las Vegas Valley Water District to sell two series of limited-tax, general obligation refunding bonds in Nevada. Effect of the interest rates on major refundings; Availability of savings for issuers looking to refinance debt; Percentage of the net-present-value savings target.

Information about several papers discussed at the Bond Buyer's Nonprofit Hospital Finance Conference held in Las Vegas, Nevada in 2008 is presented. The topics included the collapse of the auction-rate market in the country. The event has featured several panelists including Mark Pascaris, Robin Fisher and Hamilton Chang.

Information about several papers discussed at the Bond Buyer Nonprofit Hospital Finance Conference held in Las Vegas, Nevada is presented. Conference participants discuss that there are many options and investment choices available for health care systems. Catholic Healthcare West treasurer Lisa Zuckerman suggests that health care managers must look at risk returns and the risk trade-offs.

Information about several papers discussed at the Bond Buyer Nonprofit Hospital Finance Conference held in Las Vegas, Nevada is presented. Conference participants analyze that the improved management of rural community hospitals has led to more favorable borrowing rates. Nassau Health Care Corp. CEO Arthur Gianelli suggests that small hospitals must think of creative ways to access federal and state funds.

The article reports that Nevada Legislature has end its 2007 session with a compromise on transportation funding that authorizes revenue bond sale that would cover only a fraction of the projected costs of expanding the state's highway capacity. According to executive John O. Swendseid, the bill was adopted does not have a constitutional problem in it. He further asserts that it lets the Las Vegas Visitors and Convention Authority issue highway bonds for the Nevada Department of Transportation.

The article reports on the cancellation of a public hearing about the controversial transportation funding bill by the Senate committee on taxation in Nevada. The two week's introduction of the proposal will be closed on June 4, 2007 as the analyst conduct a measurement of making it as a law. The proposed legislation would reallocate a Las Vegas-area room tax to finance ten different highway projects. The cash flows would instead become one contributor to debt service for road improvements.

The article reports on the approval of a request to issue bonds for the purchase of Ballardini Ranch by the Washoe County commissioners in Nevada. Residents in the surrounding areas filed a lawsuit against the developer, Evans Creek LLC to keep off the land. The commissioners also gave final approval to a request to sell another 12.5 million dollars in debt to construct a regional jail.

Points out the investment appeal of two separate airport and higher education revenue bond deals in Idaho and Nevada. Insured $121 million Clark County airport system revenue bond offering for Las Vegas McCarran International Airport; College facility revenue and refunding deal for Lewis & Clark State College in Idaho; Assessment of the Far West market environment.

Focuses on the purchase of Clark County, Nevada airport improvement revenue bonds due in 2022 by Florida residents. Intangibles tax on non-Florida bonds; Demand for Florida Housing Finance Agency's insured multifamily revenue bonds due in 2032; Factors that contribute to an increase in demand for bonds.

The article reports that Standard & Poor's Corp. has upgraded Nevada's general obligation bond rating to AA-plus from AA. The rating action affects outstanding debt of the state. The upgrade reflects the state's gradual diversification of tax revenues beyond the taxes paid by casinos along the results of a 2003 law requiring all budget surpluses.

Reports that the Southern Nevada Water Authority has projected the occurrence of the worst drought. Failure of the Authority to predict the duration of the drought; Proposal of the Authority for the development of in-state resources to prevent water shortage in the state.

Reports that Henderson, Nevada expects to competitively sell general obligation bonds, the Las Vegas suburb's first issuance since earning an upgrade to double-A status, placing it among the highest-rated municipalities in the state. Expected yields of the bonds; Rating of Henderson's outstanding general obligation bonds by Standard & Poor's; Wealth and income levels of Henderson; Capital and utility improvement projects.

Reports on the sale of the limited-tax general obligation bonds of the Clark County School District in Nevada. Expansion of capital improvement program to meet student enrollment; Consideration of the existing property-tax levels; Generation of support from hotel room and real property transfer taxes.

Reports on the economic trends in Clark County, Las Vegas, Nevada. Rating on its limited-tax general obligation bonds; Reliance on gambling to propel the economy; Strong growth in sales tax, population and assessed valuation; Hotel industry; Outlook for the future.

The article reports that sales tax revenues are significantly off while gambling tax revenues dropped in Nevada. Governor Jim Gibbons has softened his no-new-taxes line as the state has already gone through several rounds of budget cuts to accommodate falling tax revenues. Recently, state officials are predicting that there will be a further $300 million cut for the fiscal year despite more than $1 billion in previous budget adjustments.

The article reports on the ruling of Senior Judge Charles McGee that a ballot measure to impose a cap on property tax rates in Nevada, is invalid. McGee stated that the measure have flaws in the signature-gathering process as the Nevada State Education Association argues that many of the signatures submitted were invalid. The teachers' union filed a lawsuit, stating the illegal steps taken in the signature-gathering process just to qualify the initiative.

The article reports on the result of the survey conducted by RealtyTrac Inc. which identified Nevada as the state with the highest foreclosure rate for 2007. The survey shows that in 2007, 3.4% of Nevada households entered some stage of foreclosure. It is also noted that the state has reported a total of 66,316 foreclosure filings on 34,417 properties in 2007.

The article reports that Moody's Investors Services Inc. has downgraded the underlying rating on bonds issued for the Las Vegas Monorail Corp. to Caa2 from B2. The rating agency also states that the monorail will face a payment default by 2010 under current trends. The acquired rating is expected to affect first-tier project revenue bonds issued in 2000 through the Nevada Department of Business and Industry.

The article reports on the plan of the Las Vegas Visitors and Convention Authority (LVVCA) of Nevada to sell the first installment of room-tax-backed revenue bonds in 2008. The profit, accordingly, will be used to back a portion of the $1 billion of highway-related revenue bonds of the Nevada Department of Transportation (DOT). And as anticipated by LVVCA vice president of finance Brenda Siddall, DOT bonds will occur before the next convention center bond sale just within 2007.

The article reports on the effort of Nevada Governor Jim Gibbons in financing affordable housing in the state. The state governor is calling for the establishment of a $7 billion budget affordable housing program for the state. According to the governor, he is focusing to establish a program to provide affordable housing to the state.

The article reports on the sale of $60 million in general obligation bonds by Washoe County to finance a flood control project at Truckee River in Nevada. According to John Sherman, chief financial officer and finance director of Washoe County, which included Reno, debt service for the bonds will come from a 1/8 percent sales tax without a sunset.

The article reports on the plan of Southern Nevada Water Authority (SNWA) to expand its operations due to a population outburst and dry climate in Clark County, Nevada. Approximately 400 million U.S. dollars in revenue bonds will be sold on October 10, 2006 to help finance the proposed expansion. The SNWA gets water from Lake Mead in Nevada and distributes it to six retail utilities including the Las Vegas Valley Water District, which comprises 75 percent of the SNWA wholesale business.

The article focuses on the proposal of Nevada Senate subcommittee for a super-regional water authority in the northwest part of the state that could have bonding capabilities. The subcommittee is drafting a bill for the 2007 legislative session, with the goal of dominating in prices and better conserving resources. The Truckee Meadows Water Authority directly serves about 80 percent of the area addressed by the proposed legislation.

The article reports that Clark County School District in Nevada will sell around $160 million in refunding bonds and intends to issue up to $500 million in new debt in November 2006 to fund the construction of about one new school building monthly in the Las Vegas area. According to Andy Artusa, managing director of Nevada State Bank, the issuance is a refunding of a 1996 issue combined with an advanced refunding of a 2002 issuance.

Reports on the standby bond purchase agreements of the bond issued by Clark County, Nevada with two German banks. Significance of the deal in fostering a strong relationship between the entities; Decision of Bayerische Landesbank and Landesbank Baden-Wurttemberg to split the bonds between themselves; Detection of the presence of several German banks in the market.

Reports on the delay in the Southern Nevada Water Authority's plan to pump ground water from rural Nevada to Las Vegas after a federal contractor said the approval process would likely take twice as long as expected. Expected completion of the environmental impact reviews by 2007; Lincoln County's request for new wells and pipelines.

Reports on the Nevada Tax Commission's plan to review the Las Vegas Monorail Co.'s tax-exempt status in September 2005. Remarks of Commissioner George Kelesis regarding the state's original decision to grant the nonprofit agency tax-exempt status in March 2002; Monorail Co.'s willingness to cooperate with the review.

Reports on the proposals made by Nevada lawmakers in handling surplus revenues from the new levies despite an approval for tax increase. Suggestion made by Governor Kenny Guinn that the surplus revenue be put in a spending plan that focus on the improvement of the educational standards; Impact of the tax increase on the educational budget; Appeal by state legislators for property tax freeze; Agreement between the governor and the leaders of the Legislature to inject the Millennium Scholarship program with money reallocated from the general fund and revenue earned from abandoned property.

The article presents a chart of Yield Curves of different states of the United States. The ratings of different states are also given. The states included are: Wyoming, Idaho, Montana, Oregon, Hawaii, Nevada, Maska, Washington and California.

The article reports that the Clark County, Nevada, Commission late last week approved a rental car tax hike that could pave the way for $85 million of bonds to finance a performing arts center in Las Vegas. Construction of the downtown facility hinges on supporters raising more than $100 million in private donations from local art patrons. The bonds will not be issued unless sufficient private contributions are raised. If issued, the bonds would be paid back over a 30-year period and secured solely by the car tax levy. The 2003 Legislature authorized the Clark County Commission to raise a tax on rental cars by 2% and to use the money to build a performing arts center and a training facility for culinary workers.

The article presents a chart of different states of the United States. Issues of various bonds and its amount are mentioned in the chart. The states included are: Alaska, California, Hawaii, Idaho, Montana, Nevada, Oregon, Washington and Wyoming.

Focuses on the economic performance of Nevada after intense an economy. Tax increase; Indication of balanced budget; Modification of business tax on payroll and an expansion of the live-entertainment tax.

Reports on the lease-purchase agreement of real estate between the Nevada state government and the Nevada Real Property Corp. in Nevada. Preparation to sell the certificates of participation; Meeting about the agreement by State Treasurer Brian Krolicki and staff and the interim finance committee; Terms of the agreement.

Reports on the plan of the Division of Tourism to kick off a new promotional campaign to bring in visitors in Nevada. Promotion of non-gambling attractions; Need for tourism opportunities to be effectively marketed to domestic and international visitors; Completion of Nevada Commission on Tourism of the official trade mission with China.

Reports on the federal highway bill to fund state transportation and infrastructure projects in Nevada. Economic impact of the project; Amount of the fund; Design of the bill.

Reports on the legal dispute between Reno, Nevada and Kinder Morgan Energy Partners LP that is constructing a trench through the city's business district to accommodate rail traffic, on higher than expected costs for the removal and relocation of a gas pipeline from the site. Settlement agreement to be heard by Washoe County District Court; Contigency plans of the city to meet finance requirements; Reasons cited by Kinder for increased costs.

Reports on the sales performance of various municipal bonds and government securities in the U.S. as of September 2003. Overview of general obligation bonds issued in Nevada; Reaction of buyers toward treasury bonds; Analysis of the performance of the municipal cash bonds; Information on taxable bonds; Appraisal of various short term bonds issued in Wisconsin.

Reports on the sale of $200 million revenue bonds by Clark County, Nevada. Information on bond issues by the county; Role of the Regional Transportation Commission in the sale; Appraisal of ratings of the bond sale.

Reports the condition of the municipal bonds in the state of Nevada. Analysis of Conrad De Quadros economist of Bear, Stearns and Co. the recovery of the economy of the state; Increase of the unemployment rate in the area; Failure of the government to raise the fund rates.

Reports the approval of the property-tax override to fund a stadium designed to attract minor-league baseball teams in Reno, Nevada. Construction of the ballpark; Requirements for the debt service payments; Assessment of property value.

Focuses on an expected nonrated bond sale by the Marina Area Special Assessment District for development of infrastructure around Sparks Maria Lake Park in Nevada. Aim of the sale to add infrastructure to commercial and residential areas around the park; Reason for delay in the sale; Other agencies responsible for managing the sale.

Reports the conditions of the tourism-based economy of Nevada. Increase of competition from out-of-state casinos; Forecasts on power plants; Budget cuts on planned capital improvement projects; Effects of tourism on the economy.

Reports the investment of the local government on the public education system in Nevada. Plans of Clark County School District to open additional schools by year 2008; Details on the scholarship program of Governor Kenny Guinn; Implication of general obligation bonds for funding the school building construction.

Reports on the plan of Clark County, Nevada to sell $200 million of airport revenue bonds. Structure of the three-tranche deal; Inclusion of a fixed-to-floating interest rate swap.