Missouri

The Treasury Department has determined that $385,118 of taxable general obligation qualified zone academy bonds issued by a Missouri school district in 2012 do not qualify for refundable tax credits.

St. Louis’ issuer default and Municipal Finance Corp. ratings took a three notch tumble over negative trends and Fitch Ratings application of new criteria in assessing tax-supported debt.

Missouri-based public finance law firm Gilmore & Bell PC is bulking up, adding two bond lawyers who primarily focus on school district finance.

Ferguson, Missouri will go back to voters seeking a tax hike to help balance a budget strained by a drop in tax collections, legal expenses, and the costs of tackling policing and municipal court reforms outlined in a federal consent agreement.

Poll finds scant support from Kansas City (Mo.) voters for bonds that would finance a new $964 million airport terminal.

Missouri heads into the market next week with $100 million of its high-grade paper to finance state and public university building projects as lawmakers have wrapped up work on a fiscal 2017 budget with a final vote still looming on a gasoline tax proposal.

Ferguson, Missouri’s bond ratings fell deeper into junk territory amid the fiscal strains of dealing with fallout from a controversial 2014 fatal police shooting.

Missouri Senate passes a bill setting up a statewide gasoline tax referendum in November.

St. Louis-based Ascension Health Alliance is set to bring $1.9 billion of bonds to market in deals that fold into one package the system's new money needs, refunding opportunities and refinancing of inherited debt.

Three years after entering the Texas market, UMB Bank is expanding its investment banking division with 11 hires from other firms, led by Victor Pucciarelli, former senior vice president for Hilltop Securities.