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The rating outlook boost to positive from stable follows recent progress on steadying reserve rates and paying down debt, S&P said.

Most top 10 issuers are from New York and California, with New York issuers overtaking the Golden State year-over-year.

Minor shuffling among the top municipal underwriters characterized the year-over-year differences, with the same underwriters remaining in the top 10.

Munis are in the black so far in October and some participants see signs of continued improvement.

UBS Group was the only bank that underwrites munis included in the state's list of financial companies determined to be boycotting energy businesses.

The proposed county budget, buoyed by rising tax revenues, a healthy fund balance and pandemic relief, stays the course on supplemental pension funding.

The North Carolina Local Government Commission approved a $1.7 billion general obligation bond deal for Guilford County, which it held over last month.

Illinois-based broker dealer Ronald Molo has been fined $815,104 in disgorgement and prejudgment interest and has been permanently enjoined from participating in the issuance, purchase, offer or sale of any security.

Joseph "Jodie" Smith takes the reins at the influential bond lawyer organization.

Jeff Davis, senior fellow at the Eno Center for Transportation, talks with Caitlin Devitt about how the midterm elections may affect transportation funding and policy. He discusses likely new chairs on key Congressional committees, legislation to look for next year and the potential spending gridlock if Republicans gain control. (27 minutes)