Washington DC

It's time for municipalities to rethink the way they're spending on water infrastructure, experts said this week.

Stephen Benjamin, mayor of Columbia, South Carolina, said P3s already work in metropolitan areas and dialogue needs to be opened with smaller cities looking at P3s.

Communities that have reached their debt capacity can attract funding from private investors who are focused on energy savings and climate change.

Though some dealers endured a technological headache, the year-old rules have improved transparency without disrupting trading, the MSRB said.

During the kickoff to infrastructure week, the National League of Cities president said the market will take a hit if an infrastructure bill doesn't pass.

Calculating the remaining useful life of a port or airport facility can be problematic, but the IRS ruling released May 3 supports a simplified method of making this determination using the date of the new agreement as a starting point.

At the National Federation of Municipal Analysts’ annual meeting in Charleston, South Carolina, members asked the board to find ways to open up communications between investors and issuers.

Airports have been clamoring for an increase in the PFC limit for years, arguing that they need it to help finance capital improvements that would be paid for with new bond issues.

Data from a Municipal Securities Rulemaking Board report released Wednesday showed a continuing decline in the number of dealers.

The current volume cap on PABs issued for highways and freight improvement has just over $2.5 billion remaining that can be authorized by the U.S. Department of Transportation.

The Treasury and Internal Revenue Service sent the final regulation to the White House Office of Management and Budget over six weeks ago.

“Brogdon's substantial and ongoing failure to comply with the plan and court orders are egregious and ongoing,” a court-appointed monitor reported.

In a letter sent to the SEC and the Municipal Securities Rulemaking Board late last week, the group said lapses in issuer financial disclosures are unacceptable.

Issuers of the Clean Energy Bonds would have the option of offering the bond as a tax credit bond, or as a direct-pay bond, where the Treasury Department reimburses the bond issuer at a rate of up to 70% of the interest cost, according to a summary of the bill.

The Securities Industry and Financial Markets Association said to manually input the data would require more time and staff.

The governor accused the Oversight Board of having “overstepped its boundaries, making it an even more undemocratic entity.”

Many congressional conservatives have said their alternative is the Trump energy agenda of deregulation and energy independence.

While groups were encouraged to see a bipartisan meeting with Trump, House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer, some fear munis could be hurt in the compromise.

Numbers showed 167 submissions for Rule 15c2-12's Event 15.

Trump's acting chief of staff said details may bedevil an infrastructure deal even if Democrats and Republicans agree on its size.