News and Information from Bond Buyer

Indiana, Michigan and Ohio budget proposals benefit from a revenue picture that is more optimistic than feared earlier in the COVID-19 pandemic.

The judges should rule soon on insurer suits seeking monetary compensation against major bond underwriters.

S&P says Trinity's efforts to shed the fiscally struggling Mercy poses benefits and risks but the hospital is a small piece of the national not-for-profit's overall portfolio.

Howard Cure of Evercore and Maria Doulis, formerly of the Citizens Budget Commission, explore New York City's fiscal variables amid the pandemic. Paul Burton hosts. (30 minutes). Recorded Jan. 26.

Fitch Ratings warns that mounting challenges posed by ratepayers of Missouri's Howard Bend Levee District put its 2005 bonds at greater default risk.

The COVID-19 pandemic threw the economy into disarray, creating uncertainty in so many areas, and economists still don’t agree on the future of inflation. But they agree the Fed will need to adjust when the economy starts to improve.

School districts are likely to address learning loss with more spending on summer school, intensive tutoring, and afterschool programs.

California teachers cited the risk of exposure to COVID-19 and the challenges of remote teaching as reasons for retiring early.

The firm's leaders say Hilltop Securities sees growth opportunity in municipal bond underwriting, while financial advisory services will "grow selectively."

Much of the material being retired dates back more than 35 years.

Gov. Jim Justice outlined a vision to repeal the state income tax, which drives almost half of the state's general fund revenue.

Uncertainties include state and federal aid levels, the effects of vaccine distribution and the MTA's finances.

If voters grant $500 million in new bond authority, the agency can hold down rate increases to fund mandatory projects.

The Michigan-based nonprofit hospital chain expects a restructuring charge from the Mercy Hospital bankruptcy but no impact to its municipal bond debt.

Refinitiv Lipper reported $2.64 billion of inflows into municipal bond mutual funds. The overwhelming demand for the large deals priced this week demonstrates the flood of available cash that continues to support a strong market.

Vaccinations and a strong push for direct aid makes it less likely for the municipal market to need help from the Federal Reserve.

The governor, in his $46 billion biennial budget proposal, called for both as the state seeks to plug a deficit from the effects of COVID-19. The plan also has a bond provision.

The California School Finance Authority has received 148 applications from districts and charter schools seeking to borrow almost $1.4 billion.

Responsible, limited changes in the tax code and IRS regulations could go a long way toward economic recovery where needed most to deal with the pandemic.

From ESG to infrastructure, regulation to legislation, SIFMA's President and CEO Ken Bentsen and Managing Director and Associate General Counsel Leslie Norwood discuss what SIFMA members are prioritizing on Wall Street and in Washington when it comes to munis. Lynne Funk and Kyle Glazier host. (34 minutes)