News and Information from Bond Buyer

The Dallas Area Rapid Transit Authority will seek a federal grant for the light rail tunnel with the support of the City Council.

Buttigieg's support of PAB financing comes days before the Biden administration plans to unveil its infrastructure proposal.

The nonprofit hospital sector gets a fiscal shot in the arm from federal actions but margins are likely to remain depressed this year.

The savings from the March 19 bond sale will be dedicated to Guam’s tourism recovery efforts as well as debt service.

American Relief Plan funds may also spare the city's reserves, but officials are waiting on the fine print from Washington to see what they can actually do.

A formula revision will boost funding for local governments most in need under the state's payment in lieu of taxes program.

Veneta Dimitrova, senior U.S. economist at Ned Davis Research, says the COVID pandemic showed us the government has more fiscal space than thought. She also discusses inflation, housing, the manufacturing sector, global supply chain challenges and the Fed’s balance sheet. Hosted by Gary Siegel. Taped Feb. 24. (32 minutes)

ICI reported another week of inflows at $2.23 billion. U.S. Treasuries strengthened further as COVID-19 concerns linger with shutdowns in Germany and spreads elsewhere. Equities were mixed.

The governor pointed out the advantages of the current low interest-rate market environment and the state’s low debt levels.

Senate and House committees are gearing up water infrastructure bills on a bipartisan basis.

The federal Tennessee Valley Authority has been pushed to offer better terms to local utilities in the Southeast to keep them in its fold.

Under the Transit Tech Lab accelerator program, companies can pilot their technologies with several New York region transportation agencies.

The primary led the secondary to lower yields as UST 10-year fell to lows last seen a week ago. Regional service sector surveys released Tuesday showed improvement, which feeds into the belief that inflation will rise in the near term.

The proposed sale has dual benefits: Trinity gets to shed the facility outside of bankruptcy and the facility would remain open quieting local critics.

States and local governments will soon get guidance on how they can spend $350 billion in funds from the last round of coronavirus relief.

With a traffic rebound in the offing, the Austin-based Central Texas Regional Mobility Authority's $510 million of bonds and notes were 20 times oversubscribed.

The change represents a doubling of related investments, Mayor Bill de Blasio and Comptroller Scott Stringer announced.

Lawmakers approved a Golden State Stimulus that provides relief to businesses and $600 checks to low-income residents on the strength of an earlier-reported surplus.

The agency that provides oversight of Chicago and suburban transit boards reports healthier sales tax collections that along with December’s federal relief package nearly wipe out 2021 deficits.

Alan Rubin of Blank Rome Government Relations examines the Texas grid fiasco and resilience concerns nationally, including California and the Northeast. Paul Burton hosts. (17 minutes)