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Puerto Rico taps public private partnerships to boost economy
Six projects announced this week may lead to $300 million to $400 million of investment.
Analysts see more Puerto Rico bond price volatility
Municipal bond analysts cite the lack of clarity on the island’s economic future, the level of federal aid after two hurricanes, and the Title III bankruptcy process.
Senate Democrats ask for public works aid for Puerto Rico
The money could be drawn from an $18.7 billion allocation for the Federal Emergency Management Agency’s Disaster Relief Fund.
Puerto Rico governor expects 95% of electrical service back by Dec. 15
Puerto Rico Gov. Rosselló pledged to have electrical service back in less than half the time than had been predicted in late September.
See all Caribbean regional news
Illinois returns with $4.5 billion test of investor appetite
The Illinois borrowing pitch highlights “improving” credit fundamentals and its position as the Midwest “powerhouse.”
Primary bond market
Cook County soda tax backlash underscores Chicago area tax fatigue
The region's governments could find it harder to generate fresh revenue, Moody’s Investors Service said
Tempered praise for Chicago's proposed budget
Chicago's proposed budget makes incremental progress, according to S&P Global Ratings.
Chicago mayor lays out 2018 budget
Chicago relying on savings from new securitization borrowing program to help balance 2018 books.
See All Midwest Regional News
Port Authority reports post-Sandy resilience investments
The Port Authority of New York and New Jersey says it has spent almost $1 billion, with more on the way.
More questions than answers surround Connecticut and Hartford
Few details have emerged yet about a tentative state budget deal that might help the capital city dodge bankruptcy.
Franklin Regional school board moves ahead on bond sale
The district's financial advisor has proposed issuing $9.9 million in bonds this year, next year and in 2020, with a much larger $23.65 million bond in 2019.
Ghost of 38 Studios hovers over Rhode Island ballpark proposal
The Ocean State is divided over a deal to build a minor-league baseball stadium in Pawtucket.
See All Northeast Regional News
Santa Clara water agency favors a pared-down California Delta tunnel project
The Santa Clara Valley Water District voted to proceed with the WaterFix project, but attached some conditions.
Facing sanctions, Wells Fargo aggressively pursuing competitive muni bond deals
The firm's win on a competitive California GO deal underscores efforts to keep its hand in the new-issue business.
High-speed rail among plans funded by California bond sale
The state’s high-speed rail program still faces a long journey to completion beset by lawsuits and political opponents.
California revenues beat expectations in September
The state is $666 million ahead of budget projections for the first quarter of fiscal 2018.
See All Far West Regional News
Economic developers approve $130M in financing for Starbucks plant expansion
Augusta’s economic development agency on Thursday signed off on a $130 million industrial revenue bond issue to fund Starbucks’ plant expansion.
Kentucky officials outline overhaul plan for deeply underfunded pensions
A bill will be released in coming weeks detailing a new structure for all of the state’s retirement plans.
Florida utility borrowing $757 million to exit biomass power purchase contract
The utility in Gainesville will use bond proceeds to buy a privately owned plant to exit an above-market power purchase agreement.
Primary bond market
Waynesville mulls idea of bond vote
Waynesville leaders are pondering the idea of bond referendum to fund a slew of long-range projects, from greenway expansion to a new Hazelwood fire station.
See All Southeast Regional News
Bond a focus at candidate forum
In terms of support, the field of candidates was split in regards to the bond issue.
Santa Fe school district, community college plan dual bond vote
The Santa Fe school board voted to hold a joint election with Santa Fe Community College, with both entities asking for about $95 million in GOs.
Outlook turns negative for five Texas utility districts in Harvey's wake
S&P Global Ratings assigned negative outlooks to the five special purpose districts due to flood damage.
Commission OKs STAR bond plan
The Garden City Commission approved an ordinance adopting the Sports of the World project plan for the STAR Bond Development District, as well as financing to develop it.
See All Southwest Regional News
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