A $1.2 billion revenue bond required the Columbus Regional Airport Authority to "start from scratch." The result is The Bond Buyer's Midwest Deal of the Year.
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After terminating the project in September, the council approved an initial deal with a new contractor team to develop design and construction options.
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Brian Bennett has been appointed director of Washington's lottery.
3h ago
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The rating agency lowered the outlook to stable on its A-plus rating, saying Pennsylvania didn't do itself many favors in its fiscal 2026 budget season.
November 18
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The muni market has "demonstrated more conviction with steady demand and appealing relative yields weighing on the long-end while shifting dynamics on the short-end have led to municipals selling-off," said Tim Iltz, fixed income credit and market analyst at HJ Sims.
November 18
Moody's placed a negative outlook on the higher education earlier this year. 2026 looks even more uncertain, according to a new report from the rating agency.
Transit advocates are pushing back on the Trump administration exploring the elimination of the Mass Transit Account of the Highway Trust Fund.
Bank of America provided a letter of credit for Harvard after the Trump administration put it on a list usually reserved for vocational and beauty schools.
Photos from The Bond Buyer's 2025 California Public Finance conference.
Tom Falcone of the Large Public Power Council unpacks the massive infrastructure push driven by AI and manufacturing, and the policy hurdles standing in the way.
Photos from The Bond Buyer's 2025 Infrastructure conference.
The steady demand for municipal bonds in high-risk areas underscores the complex relationship between climate change and financial markets.
Oppenheimer's Head of Public Finance Beth Coolidge and Columbus Auditor Megan Kilgore delve into the future of public finance and human infrastructure on a wide range of topics, from affordable housing and workforce development to public health, climate resiliency, and digital access.
As extreme weather events occur with more frequency across the country, Michael Gaughan, executive director of the Vermont Bond Bank, says municipal bond banks can help smaller communities deal with the effects of them. Gaughan speaks with The Bond Buyer's Lynne Funk on the effects of climate change and how the various levels of government can work together to address it.
The Texas city could revisit plans for a desalination project to boost its dwindling water supply with the city council scheduled to consider it next week.
Concerns over the Texas city's future water supply after a desalination project was terminated, led to negative rating outlooks from Fitch and S&P.
The rating agency's review was triggered by the city's move to effectively end plans for a seawater desalination project that has $235 million of bonds outstanding.
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Federal Reserve Gov. Christopher Waller said in a speech Monday that private and public-sector data suggests that the labor market is continuing to weaken, making a 25 basis point rate cut in December a prudent choice.
November 17
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The "data dumps" over the next several weeks could lead to market volatility, said Abdulla Begai, director and fixed income portfolio management at A&M Private Wealth Partners.
November 17
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Moody's cited the airport's "significant improvement in liquidity" and "continued enplanement recovery" in its decision to upgrade the rating to Aa3.
November 17
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The scheme cost at least 99 victims $5.7 million, the U.S. Attorney's Office for the Eastern District of Missouri said.
November 17
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The long-awaited budget closely resembles the governor's original proposal, pared down by just over $1 billion.
November 17
