Caitlin Devitt has covered the municipal bond market since 2008. She began her journalism career at the Herald Newspapers on the South Side of Chicago, starting as a reporter and rising to Managing Editor. While at The Bond Buyer, she covered the Detroit bankruptcy among other Midwest-based stories. Devitt joined Debtwire Municipals in 2016, where she covered the high-yield municipal bond market for five years, before returning to the Bond Buyer as Senior Infrastructure Reporter. She lives in Chicago with her family.
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Treasury typically suspends the sale of new state and local government series securities when nearing the borrowing cap.
January 17 -
The firm is expected to announce the new muni leadership team next week.
January 12 -
Missouri Republican Sam Graves, a professional pilot, has said he hopes to achieve a bipartisan reauthorization of the federal aviation budget, a key item for the committee this year.
January 11 -
The SEC is required to consult with municipal market participants when crafting the new disclosure data standards.
January 10 -
Small businesses that are certified to work for either Chicago or Philadelphia's transit agency will now be able to work for the partner agency as well.
January 9 -
The crisis over House leadership raises risks for muni issuers, while investors say it's time to drill down to the individual credit level.
January 6 -
Strong 2021 contribution levels continue a trend that began with pension reforms made in the wake of the Great Recession.
January 3 -
If the USVI closes the deal, it would mark only the second long-term lease of a U.S.-based airport, after Puerto Rico's Luis Munoz Marin International Airport.
December 30 -
A decision from the Government Accountability Office supports opponents of a controversial memo outlining the administration's preferences for how states should spend their infrastructure funds.
December 29 -
Inflation is a chief risk to public officials eager to launch new projects, but it's a boon for infrastructure investors, who view the asset class as a natural hedge.
December 29 -
Puerto Rico would receive $1 billion to rebuild its electric grid in the fiscal 2023 federal budget.
December 20 -
Battery Park's flood-proofing projects are part of New York City's larger strategy to protect itself from the next big storm.
December 16 -
Municipal issuers pushed hard but unsuccessfully against the bill, which gives them four years to standardize their financial information.
December 16 -
Expanded use of stimulus funds, fully funded water infrastructure grant programs and housing assistance are among the asks from League of Cities as Congress crafts a 2023 spending package.
December 14 -
The latest version of a controversial financial disclosure bill includes changes that benefit muni issuers after a major push by the public finance lobby.
December 13 -
The borrowing, which will be backed by availability payments, will finance the first six of the state's nine-span Major Bridges P3 program.
December 9 -
Washington's new measure to clean up Puget Sound would require billions in borrowing over the next decade, including up to $14 billion in King County alone.
December 8 -
The provision shifts rulemaking and enforcement of the new disclosure standards to the SEC from the MSRB, which was charged with the task in an original version.
December 7 -
The White House has asked for an additional $37.3 billion to send to states and communities that faced natural disasters last year, including $600 million to Jackson, Mississippi, for its water crisis.
December 6 -
Entering into long-term leases for toll lanes in urban areas would free up transportation dollars for rural areas, said Gov. Bill Lee.
December 5
