Midwest

The North Dakota Housing Finance Agency recently priced $189 million of bonds for its home mortgage finance program, a sector in which issuance has increased.

It's been two years since Dolton, Illinois, filed audited annual financials, and hints of fiscal stress include a threat to repossess police cruisers.

The Ohio state Senate passed a bill that included $1.27 billion in bonds for state government facilities, classrooms, subdivisions and conservation projects.

Indiana saw a tax revenue windfall in January, with general fund revenues coming in 15.8% above last January's number and 9.3% above December's projections.

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

Anong other things, Comptroller Susana Mendoza says the portal serves as a receipt for spending that should be reimbursed by the federal government.

Based in New York City, Ted Hynes has almost 40 years of experience in the fixed-income markets, the last 15 at Raymond James.

S&P cited budget pressures that have not been counterbalanced by new revenue growth when lowered the outlook on the city's BBB-plus rated GO bonds.

Children were the organizing principle of Illinois Gov. JB Pritzker's sixth State of the State and budget address Wednesday, which called for a balanced budget.

Larger deals, fewer issues: those were the overarching municipal bond sale trends, along with a surge in tax-exempt deals, across the Midwest in 2023.