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Municipal investment forecasts are stark in 2026

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President Trump's campaign to do away with FEMA has municipal finance professionals worried about the impact of future disaster events on state and local government budgets, according to new research from The Bond Buyer.

Top questions answered in the research

  • How likely are states and local municipalities to invest in resilient infrastructure in the next five years?
  • Which bond deals were the most worked on in the last year?
  • What type of deals are going to be the most popular over the next three years?
  • How, if at all, are professionals worried about the possible demise of FEMA?

Key takeaways

  • Deals involving disclosed climate risks were worked on the most last year.
  • P3 deals, climate-risk deals and resilient infrastructure deals are all categories slated to grow in popularity.

This three-part series dives into the data using interactive charts broken out into these main themes: the ability of municipalities to meet funding needs, what is guiding the flow of funding and how optimistic funding forecasts are for the future.

The most popular bond deal types

The lack of funding in resilient infrastructure projects

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