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Detroit Nears $600 Million-Plus Bond Sale
With all governmental approvals and ratings in hand, Detroit expects to be in the market soon with its first post-Chapter 9 general obligation state distributive aid backed borrowing.  more »
Wisconsin is taking advantage of record low interest rates with about $915 million of general obligation and appropriation-backed bond refundings. Credit: Adobe Stock  more »
Chicago isn’t on the “brink” of a financial collapse that could drive a default or bankruptcy but its pension fixes to date fall far short of stabilizing the city’s fiscal foundation, an analyst said.  more »
Four Ohio Congressmen are concerned that the Internal Revenue Service and Treasury Department's proposed definition of a political subdivision could impede a $35 million terminal improvement project for one of the state's regional airports.  more »
The authority that runs Detroit's main airport is on the hunt for a new leader following chief executive officer Thomas Naughton's decision to retire this fall.  more »
Holland City Council has delayed its decision on bonds for the Civic Center renovation and expansion as it awaits a decision from Tulip Time.  more »
The La Crosse County Board got some good news Thursday about maintaining its stellar bond rating, and the timing of the news couldn't have been better, considering the county was poised to issue $32.4 million in general obligation bonds. And the county also got a great bid on those bonds, shaving $1.1 million off the costs of borrowing expected by the county's bond consultant.  more »
A court ruling Thursday offered a mixed outcome for Chicago’s effort to phase out most retiree healthcare subsidies.  more »
CEDAR FALLS -- Superintendent Andy Pattee laid out a tentative timeline Monday for the upcoming construction of a new elementary school as he presented a draft site plan to the Board of Education.  more »
Chicago plans to sell up to $3.5 billion of O’Hare International Airport debt later this year to generate refunding savings and fund a new runway and gate expansion.  more »
Columbus enters the market Thursday with $481 million of high-grade paper to fund capital projects as it prepares to go to voters this November for new bonding authority to keep pace with capital needs.  more »
A Michigan board has authorized key pieces of the $617 million restructuring of the Detroit Public Schools amid lingering market questions over the fate of the district's bonds.  more »
Katten Muchin Rosenman LLP is hosting a reception Thursday to honor the memory of bond lawyer and public finance banker George Pitt who died in March.  more »
Chicago-based Presence Health Network will issue nearly $1 billion of bonds next week in a sale designed to overhaul its debt portfolio and provide some breathing room to help stabilize its balance sheet.  more »

Maria Doulis of the watchdog Citizens Budget Commission and Howard Cure of Evercore Wealth Management dissect New York City's $82 billion budget with Bond Buyer Northeast regional editor Paul Burton. They explore efficiencies, debt management, reserves, the economy, the capital budget and Mayor Bill de Blasio's plan to overhaul Health + Hospitals.

In the past 3½ years, the Securities and Exchange Commission has asserted its enforcement role considerably, in what can fairly be described as a form of direct regulation of issuers.

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