News and Information from Bond Buyer

Although first-term Democratic Gov. Laura Kelly failed to win expansion of Medicaid coverag, she praised GOP lawmakers for beginning to clean up "a mess."

Moody's put the Illinois State Toll Highway Authority's A3 rating on review for a downgrade in the wake of the Puerto Rico ruling.

Flannery, current deputy chief financial officer for Chicago, will begin her new job in North Carolina June 10.

While futures signaled traders' expectations, analysts said conditions aren't ripe for the Federal Reserve to ease credit.

Market participants have a lot of issues to cover this week at the Smart Cities annual conference — climate change and resiliency, AI, cybersecurity and more.

Reports of overtime abuse, a call for a prosecutor and strained labor relations, intermingled with a fiscal crisis, produced an explosive board meeting.

Travis County has closed on a $330 million, triple-A rated deal to fund the civil and family courts building in downtown Austin.

As the innovation- and resilience-themed Smart Cities conference begins, questions include how well is New York prepared for another Sandy-like catastrophe.

Municipal bond market participants are keeping one eye on the sale calendar and the other on the equities market.

Calculating the remaining useful life of a port or airport facility can be problematic, but the IRS ruling released May 3 supports a simplified method of making this determination using the date of the new agreement as a starting point.

Chief Financial Officer Dave Massaron said Detroit will work with Public Resources Advisory Group to build more robust investor relations as it looks to build out its debt model.

Moody's Investors Service downgraded tax-exempt bonds issued for a Syracuse, New York, shopping mall expansion to the last rung above junk.

Atlanta Fed President Rafael Bostic said he would do "whatever it takes" should tariffs cause consumers to cut back spending.

At the National Federation of Municipal Analysts’ annual meeting in Charleston, South Carolina, members asked the board to find ways to open up communications between investors and issuers.

Lawmakers have to wait another week for the governor's five-year infrastructure plan.

In the week ended May 9, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.78% from 3.82% the previous week.

Gov. J.B. Pritzker's about-face on re-amortizing to reduce next year's pension contribution is one less negative rating factor, agency analysts said.

The anticipated surplus for fiscal years 2019 through 2013 has dropped to $11.6 billion from $15.1 billion, leaving less money for debt service and capital spending.

Transportation issues took center stage in the muni market on Thursday.

The bond package includes $50 million for affordable housing in a first for the Ohio capital.