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The rating agency said the one-notch downgrade, which comes ahead of a bond sale, was due to weaker operating performance and liquidity.
February 26
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Legislation to continue a sales tax and revenue bond program until July 1, 2028, and allow its use for mall redevelopment projects, passed the Senate.
February 26
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The rating agency cited the state's ample reserves, robust natural resource base and critical role in U.S. strategic interests.
February 26
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The House now needs to negotiate a final budget resolution with the Senate, whose leaders have said they want to make the TCJA permanent.
February 26
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The Federal government's long-term budget challenges could mean dramatic changes for hospitals and health systems nationwide, derailing the post-COVID credit recovery that helped turn the healthcare sector into the fastest-growing segment of the municipal market in 2024.
February 26
Build America Mutual -
Midwest bond sale volume peaked in the third quarter of 2024.
February 26
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The Pasadena Unified School District plans to eliminate 151 full-time employees, including 115 teachers, as it struggles with the fallout from the Eaton Fire.
February 26
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Muni prices continue to "show relative resilience" despite a nearly record pace of issuance, said Matt Fabian, a partner at Municipal Market Analytics.
February 25
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They say the reasons the court had given to continue the stay are no longer valid.
February 25
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Bond lawyers want to make sure their voices are heard as Congress moves toward critical votes on tax policy.
February 25
