State of Wisconsin

The legislature's GOP-controlled Joint Finance Committee will craft a two-year capital plan after rejecting Gov. Tony Evers' $2.4 billion plan for only the second time in recent history.

GOP lawmakers plan to scrap some of the Democratic governor's budget priorities, which include a $2.38 billion capital plan.

Munis were stronger across the curve as secondary trading was constructive and bellwether credits moved yields lower.

From the use of taxables to forward deliveries, refunding deals drove an overall 15.8% hike in Midwest bond volume that exceeded the national average.

The state plans a series of municipal bond sales with tailwinds from upbeat fiscal news, including its first surplus on a GAAP basis.

Wisconsin will use new pools for negotiated transactions starting next year

Modest revenue growth is projected over the course of the biennium that begins July 1, but “unprecedented volatility” because of the pandemic remains a concern.

Municipals were in a holding pattern ahead of this week's $15.8 billion new-issue slate as issuers pour debt into the market and investors remain cautious ahead of election results.

Municipals weakened as supply surged into the market, with AAA yields up by as much two basis points on longer-dated maturities.

The coronavirus pandemic took its toll on Hawaii's credit rating Monday as Fitch cuts the Aloha State's GOs to AA. NYC TFA announces $1.1B sale for next week.

A steadier market gave Wisconsin the opportunity to move last week on a long-stalled refunding that notably offered a forward delivery piece.

As some states see new coronavirus lockdowns, municipals maintain stalwart position.

The Wisconsin Center District deal provides some expansion financing and near-term debt relief after the agency was stung by lost conventions and tax revenue.

Wisconsin officials are still assessing the potential impact on its general fund revenues.

The state applied the green designation to the $80 million deal, but didn't obtain third party verification.

The municipal market saw a plethora of deals come in while secondary market trading showed some weakness on AAA benchmarks.

Wisconsin's capital finance director says the market offers savings on state bonds he never thought would be refunding candidates.

The public agency that owns the city's convention center will consider the expansion project and a financing plan next month.

Wisconsin Gov. Evers said he remains open to an income tax cut but only if it's accompanied with more education funding and property tax relief

If the new projections bear out Wisconsin would bolster cash and reserve balances while trimming a longstanding GAAP deficit