Nebraska

Lincoln's City Council unanimously passed three ordinances on Monday paving the way for the bond-financed construction of a new central public library building.

Moody's Ratings upgraded Nebraska's issuer rating to Aaa from Aa1 on Monday. It also upgraded the state's $24 million certificates of participation to Aa1 from Aa2.

Nebraska's State Highway Commission on Dec. 6 unanimously authorized the issuance of bonds — a state first — to finance the completion of a highway corridor.

Omaha voters approved six general obligation bond measures totaling $333.4 million last week, none of which required a tax increase.

After a strong jobs report this month drove mortgage rates higher, the Midwest is seeing more bonds financing loans to single-family and multifamily homebuyers.

Nebraska Gov. Jim Pillen signed into law a package of bills that includes caps on spending authority for local cities and counties.

The Omaha City Council approved placing a $333.4 million GO bond deal on the Nov. 5 ballot.

Nebraska Gov. Jim Pillen called a special legislative session for July 25 so lawmakers can consider his plan for property tax reform after his April attempt fell short.

Some public colleges in the Midwest are facing budgetary squeezes paired with programming directives from state legislators, a departure from trends elsewhere.

Bellevue, Nebraska plans to issue $60 million in municipal bonds and establish a "good life district" to build a 100,000-square-foot indoor water park.

LSEG Lipper reported Thursday that investors added $210.6 million to municipal bond mutual funds for the week ending Wednesday — the third consecutive week — after inflows of $898 million the week prior.

The top five bond financings have an average dollar volume of more than $1 billion.

The district plans an aggressive capital program in the next few years to meet rising demand and transition away from coal-fired plants.

Illinois lawmakers' research arm projects more revenue in the current budget year but warns budget writers to proceed with caution in the next.

Nebraska's largest city plans to finance the downtown streetcar project with a mix of tax increment financing and lease purchase revenue bonds.

John Petr is now Kutak Rock chair and Hilary Jackler is vice chair

Nebraska is a pay-as-you-go state, which some say has stalled completion of its 600-mile expressway system.

States are well-positioned to emerge from COVID-19, the investment firm said in its annual grading.

Omaha voters will be asked in May to authorize $200 million of general obligation bonds.

The deal allows the university to shed a master trust indenture and concentrate its debt under the University of Nebraska Facilities Corp.