Arizona

While the report offers many positives for states, headwinds loom, according to investment management firm Conning.

FHN Financial Capital Markets hired Rene Moreno to establish a banking presence in Arizona while Melanie Shaker will launch the firm's new Midwest effort.

A spike in POB issuance last year that was spurred by low interest rates, roaring stock markets, and other factors is likely to wane.

Oklahoma is poised to follow in the footsteps of Texas by barring banks from municipal bond deals if deemed to be against firearms and fossil fuel industries.

Phoenix’s ratings were affirmed and its general obligation bond outlook was raised to stable from negative by Moody's.

Mayo is publicly offering $516 million of tax-exempt bonds and privately placing $200 million of taxables.

The Department of the Treasury’s warning letter to Arizona may be a warning to all states who defy the Biden Administration’s rules related to ARPA funding, but disclosure related to clawbacks could be a problem for muni issuers.

The city, which previously spent tens of millions of dollars to keep the NHL's Arizona Coyotes from leaving, will turf the team from its arena at season's end.

The pandemic, and now the spreading of the omicron variant, exposed nationwide disparities in Internet access with the transition to remote work and learning.

Arizona, Nevada and California agreed to bank more water in the rapidly shrinking Lake Mead as drought wreaks havoc on Colorado River water supplies.

The speculative grade bond sale is part of the financial process of returning the Phoenix-based university to nonprofit status after years as a for-profit.

Municipal bond volume in the Southwest region increased in the first half of 2021 as its seven other states more than made up for a decline in Texas.

With just a few days before the new fiscal year, Arizona lawmakers passed a $12.8 billion budget that largely neutralizes a tax measure voters passed in 2020.

Phoenix's Major League Baseball team has a new state bond authorization in its pocket as it decides whether or not it should keep its 23-year-old stadium.

Arizona and neighboring states are preparing for the first mandatory cuts in water from the Colorado River after 20 years of drought.

The measure expands opportunity for lower-income students and broadens geographical reach of college, backers say.

The chief opponent of the measure is the Arizona Board of Regents that governs the state’s three public universities.

The school's debt load will reach $1 billion and Moody's says it's "uncertain" the college can "sustainably return to stonger operating performance."

Anticipating a flood of funding from President Biden's infrastructure plan, states are positioning for an expansion of broadband to rural and underserved areas.

This year's pension debt volume could match that of 2020, which was the highest since the financial crisis year of 2008, industry leaders say.