The Dec. 19 issue of The Bond Buyer contained wrong information on a $210 million bond issue to finance student loans in Louisiana that was approved by the Louisiana Bond Commission. The proceeds will be provided to the Louisiana Education Loan Authority, which is a subsidiary of the Louisiana Public Facilities Authority. The president and chief executive officer of the LPFA is James W. Parks 2d, who was misidentified in the story.
Gov. Ron DeSantis signed a measure into law that restrict local governments increases in property tax yields.
Issuance is on pace for another year of record supply even as factors driving credit spreads change, Center for Municipal Finance Director Justin Marlowe said.
The Municipal Securities Rulemaking Board's EMMA website is getting a revamp this year, Chief Product Officer Brian Anthony told a GFOA committee.
Uncertainty about the fate of the bipartisan housing bill, advance refunding, and a new take on Build America Bonds is raising hopes and concerns among issuers.
Issuance falls to an estimated $5.055 billion this week, lighter due to the holiday, and it's possible some deals will come on Monday.
"It was a revelation to me, reflecting on how much GFOA has influenced my career," Lunda Asmani said.
