PFM Financial ranked first among the Top 10 municipal advisors in the first quarter of this year.
The top 10 advisors accounted for $59.412 billion of par or 58.9% of the total issuance with municipal advisors.
"Rates, not fundamentals, continue to drive benchmark yields higher, leaving munis on track for their fourth-worst monthly performance in 15 years," said James Pruskowski, managing director at Hennion & Walsh.
A lawsuit filed this week seeking to end Austin's transportation user fee comes as the Texas city is launching its fiscal 2027 budget process.
The U.S. Department of Transportation will release $1.05 billion that was set aside by the Biden administration for the long-awaited Blatnik Bridge project.
Virginia and Georgia topped the list of high performers and Alaska and California received the lowest marks in the Reason Foundation's analysis.
Overall rainy-day fund capacity for U.S. states fell in fiscal year 2025 for the first time since the World Financial Crisis as more states look at tapping reserves.
Iowa lawmakers have to merge competing visions for property tax reform after multiple bills passed out of committee in the state House and Senate this month.
