The Latest

Under a settlement agreement, the Texas Education Agency assigned two conservators to oversee IDEA Public Schools, which was the target of a probe into alleged financial and operational improprieties.

In an April 2 special election, voters in Jackson County, home of Kansas City, will decide whether to impose a sales tax to fund a new baseball ballpark.

BofA Securities is the latest firm to scoop up former employees from Citi, which decided to shutter its muni division late last year.

Separately, Fitch raised Orlando's $159.87 million of Series 2017A senior tourist development tax revenue bonds, 6th-cent contract payments, to A from BBB.

While the SEC's cybersecurity rule does not apply to municipal issuers, there are a few points discussed in the Adopting Release that may be useful for municipal market participants. 

Federal officials are pushing for reauthorization while cities tout their planning.

Since Gov. Ron DeSantis took office in 2019, Florida has paid down $5.3 billion of state debt, or about 25% of the Sunshine State's total debt.

The Investment Company Institute reported larger inflows into municipal bond mutual funds for the week ending March 6, with investors adding $956 million to funds following $57 million the week prior.

Though the economists don't expect a recession looking out two years, there is a lot of risk related to the conflict in the middle east and uncertainty around monetary policy.

The state's transportation department plans to sell $200 million of highway fund revenue bonds this summer for its Eisenhower Legacy Transportation Program.