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The spending plan includes revenue-raising measures involving the bond-issuing combined utility system that have sparked concerns by the city's controller.

Immediately after signing a $70 billion reconciliation bill into law, President Trump began pushing for a third reconciliation package.

The public power sector is reacting with concern about the ongoing efforts to reorganize the Federal Emergency Management Agency that's proposing shifting risk and disaster recovery costs onto local utilities.

Local governments will face "greater credit pressure" if voters largely eliminate property taxes on more than half of homes in the state, S&P analysts said.

California State Controller Malia Cohen released her monthly cash report and announced formation of a new economic advisory council this week.

Macon-Bibb County, Georgia, plans to issue $350 million of debt for new sports and entertainment arena anchored by a team called the Macon Mayhem.

Riverside Unified School District scrapped plans to develop a STEM center with the local University of California campus amid a critical state audit report.

The initial reaction following the CPI report didn't "move the needle" in the bond market, as the 10-year UST yield was just over 4.5%, said Jay Woods, chief market strategist at Freedom Capital Markets.

Illinois Gov. JB Pritzker proposed changes to address his state's underfunded pensions in his budget proposal. Two made it through the legislature.

Hays County prevailed in its appeal of a district court ruling affecting nearly $440 million of general obligation bonds voters approved in 2024.