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The city had set an Aug. 27 election on a proposition to create tax increment financing districts to help finance an arena project.

The largest grant, $1.49 billion, will go to the Oregon Department of Transportation to replace a pair of aging vertical lift bridges that connect Portland and Vancouver, Washington.

Sterling Heights, Michigan, plans to issue $45 million of bonds to help finance a $1.06 billion redevelopment of Lakeside Mall, which closed at the end of June.

States are expected to cut their budgets, marking a return to more modest levels of spending after years of stimulus-fueled growth and tax cuts.

Volume is predicted to continue at "robust levels," possibly through the fourth quarter, said Matt Fabian, a partner at Municipal Market Analytics.

Neither presidential candidate is talking enough about the "unsustainable" U.S. deficit, BlackRock CEO Larry Fink said.

A study of county governments to be presented at this year's Brookings Municipal Finance Conference shows federal pandemic aid led to a mild reduction in borrowing costs, a drop in credit quality and a preference for short-term over long-term debt instruments.

With the reputational stain from the county's 1994 bankruptcy long in the rearview mirror, the southern California county had its rating boosted to the highest rating by S&P Global Ratings.

The $238.8 million of voter-approved debt will end a 12-year drought in new money general obligation issuance by the nation's fifth largest city.

Ohio legislators are mulling a bill that would bar the state's pension systems, universities and Bureau of Workers' Compensation from pursuing ESG investing.