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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The finance team is already lined up for the first of multiple issuances of bonds to help launch the first phase of the $9.5 billion New Terminal One project.
June 17 -
It's the third time this month that the SEC has announced charges against city officials for disclosure-related violations.
June 17 -
The move to take back local control came a few months after new leadership took the helm at the airport.
June 15 -
Republicans contend the $1.9 trillion injection of cash sparked inflation while Democrats say it saved lives and a collapsing economy.
June 14 -
The departure comes amid Spanish reports that financing for what aims to be the nation's first bullet train is "in hibernation."
June 14 -
The White House released proposed rules for the $7.5 billion electric vehicle charging network program as gas prices in the U.S. hit another record high.
June 10 -
MTA finance director Pat McCoy said issuers need to ask if they are prepared to deal with the requirements attached to federal money.
June 8 -
Issuers need to be careful with bonds specifically marketed as green, said the head of Office of Municipal Securities.
June 7 -
Republicans, who argue pandemic aid is partly to blame for inflation, have said the large aid packages came with too few guardrails.
June 7 -
A decades-old policy position on taxable debt and recommendations for issuance of variable-rate debt were among the issues taken up by the GFOA's debt committee.
June 6 -
The finance director of Aurora, Colorado, takes over as the association's president amid an uncertain post-pandemic landscape.
June 3 -
Turner & Townsend aims to double its North American growth by 2025 as the Infrastructure Investment and Jobs Act is rolled out.
June 2 -
Even as the U.S. deal pipeline builds, public pension funds still need to look outside the country when they want to invest in infrastructure.
June 1 -
The boutique consultancy firm, which focuses largely on transportation infrastructure, is growing "modestly" amid an uptick in federal funding.
May 26 -
A pipeline of projects is building as infrastructure dollars begin to flow to states.
May 25 -
The December 2020 supplemental aid package provided $9.8 billion directly to state departments of transportation, the only direct stimulus that DOTs received.
May 24 -
The latest Congressional effort challenging the state and local tax deduction cap would stop the IRS from restricting state legislation that offsets the policy.
May 23 -
The temporary injunction halts all work on Pennsylvania's $2.2 billion Major Bridges program.
May 20 -
Some worry that governments will use new infrastructure funds for generic, shovel-ready projects, or even tax cuts, instead of collaborative plans that could transform regions.
May 19 -
The bulk of the first tranches of the $15 billion of IIJA funds will likely be used to figure out where lead lines are located, so states and water systems can determine the scope of the problem.
May 19
