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Exploring why some call 2022 "the year of the great reset" and what that may mean for the muni market this year.

Janet Mills wants to use $1 billion in federal infrastructure aid and higher-than-expected state revenue to fund billions in transportation improvements.

Volume for the upcoming week is estimated at $8.34 billion, consisting of $6.30 billion of negotiated deals and $2.04 billion of competitive sales.

Hospital margins ticked up in November, but 2022's bruising will linger well into this year straining some ratings.

Underwriting fees generated for the board totaled some $7.4 million, an almost 50% drop from the $14.3 million the board received in 2020.

Legacy Cares, which left construction contractors unpaid and had its bond trustee declare a default event, says a new debt sale will clear up its fiscal issues.

"The overall tone of the budget is one of prudency, which is correct during this current period where federal pandemic aid is winding down and there are questions about whether we enter into a recession," said Howard Cure of Evercore Wealth Management.

Municipal financial advisors saw $304.569 billion of business in 5,935 transactions in 2022, down from the $377.886 billion in 8,611 deals in 2021.

The action affects about $312 million of debt. The outlook, previously positive, is stable at the new, higher rating.

Inflows returned as Refinitiv Lipper reported $1.981 billion was added to municipal bond mutual funds in the week ending Wednesday after $2.477 billion of outflows the week prior.