The audit did not quell calls for greater transparency and oversight for the authority as it continues a bond-financed expansion program.
The latest research from The Bond Buyer predicts supply and issuance volume will grow in the months ahead.
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"There's a tremendous amount of teamwork, both within an organization and then among all of the working group members," Eileen Heitzler said. "And the end result is a project with a public purpose."
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As bond counsel, Walsh has financed health care and affordable care facilities, continuing care retirement communities, charter schools and many other nonprofit organizations.
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The finance team burned the midnight oil to assemble and market one of the most complex deals in the municipal market this year.
With an insolvent Highway Trust Fund, toll revenue and PABs are increasingly important for transportation financing, lobbyists said.
The counties with the greatest exposure lie along the coasts of Florida, Louisiana, South Carolina and Texas.
The counties with the greatest exposure lie along the coasts of Florida, Louisiana, South Carolina and Texas.
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The finance team burned the midnight oil to assemble and market one of the most complex deals in the municipal market this year.
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The projects funded by the deal align with the city of Alexandria's goal to reduce community-wide greenhouse gas emissions 50% by 2030.
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The $4.5 billion of New York Transportation Development Corp. bonds sold for the P3 won the Northeast category of The Bond Buyer's 2024 Deal of the Year awards.
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ON-DEMAND VIDEOKC Mathews, executive vice president and chief market strategist at Commerce Trust breaks down the FOMC meeting.
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ON-DEMAND VIDEOPamela Frederick and Adam Barsky will share their views on the importance of the tax-exemption, how it benefits state and local governments, taxpayers, and U.S. retail investors -- and keeps the country competitive on a global scale.
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ON-DEMAND VIDEOGary Hall, President of the Infrastructure & Public Finance Division at Siebert Williams Shank & Co., joins Bond Buyer Executive Editor Lynne Funk to talk about the importance of the muni industry in financing the country's extensive infrastructure needs -- from ports and airports to bridges and energy solutions.
The bond market is not an inherently racist market but, it does not exist in isolation from society at large. As a result, it has acted against the financial interests of municipalities whose residents are predominantly Black.
Issuers routinely refund 5% bonds in year 10, and the resulting savings can be significant. It is notable that although refunding is typically associated with declining interest rates, 5% bonds are refunded even if rates rise.
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JPMS violated MSRB Rule G-32 as well as MSRB Rule G-27, FINRA found.
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The National League of Cities and the National Association of Counties are teaming up with several other local government agencies lobbying Congress over infrastructure funding.
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"This split enforcement action is unconstitutional and unlawful," their opening brief said.
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Philadelphia-based Elizabeth Preate Havey brings deep Pennsylvania connections to Dilworth Paxson's public finance practice.
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Ballard has shuttered its decades-old public finance practice.
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