Due to an editing error, yesterday’s Trends in the Region story about Dallas Area Rapid Transit misattributed a quote. The quote that began “One example could be that some crossings at grade now need to be elevated crossings” should have been attributed to a cost estimator that has worked with DART.
Fitch cited improved long-term liability metrics.
Tax-exempt munis, supported by USTs, are having a very good month as MMD yields are down 30 to 35 basis points out long, and both the investment-grade and high-yield indices are seeing gains of more than 2% month-to-date, Barclays strategists led by Mikhail Foux said.
The medal recognizes distinguished service in public finance overall.
California's governor and legislative leaders agreed to extend the state's cap-and-trade program and dedicate one-fourth of the funding to high-speed rail.
Turmoil and turnover at the Internal Revenue Service is causing headaches for bond attorneys attempting to comply with audits or searching for answers about complex public finance issues.
The Puerto Rico Energy Bureau has about 150 days to set new rates for consumers.
