News and Information from Bond Buyer

As the board delayed a vote on fare and toll increases, transit funding, performance metrics and the L-train tunnel project chaos permeated discussion.

Despite rising revenues, Kansas will still need to make adjustments to its budget because of rising demands, S&P Global Ratings says.

Recent upheaval in senior management at Michigan State University won’t impact the timeline to sell bonds to fund sex-abuse settlements.

In the week ended Jan. 24, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 4.11% from 4.09% last week.

Municipal bonds finished mostly stronger on Thursday as deals from issuers in Connecticut and New Jersey dominated action.

Rep. John Yarmuth of Kentucky wants to end automatic across-the-board budget cuts that include a reduction in the subsidy for direct-pay Build America Bonds.

A continuing disclosure agreement debuted in documents for the state's advance refunding of Build America Bonds.

Topics range from policy changes, regulatory developments, and pensions to interest rates, technology, and market opportunities.

The Municipal Securities Rulemaking Board will begin preliminary conversations about SEC Chair Jay Clayton's disclosure comments.

The seat of Niagara County was raised to A3 by Moody's Investors Service.

Public finance attorneys Uyen Poh and Stephanie Leibe are among 46 lawyers Norton Rose Fulbright promoted to partner.

The county school superintendent appointed a fiscal advisory team to help Los Angeles Unified close a structural deficit.

Municipal bonds were mostly stronger as action in the primary slowed.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported slower growth in January, while expectations grew.

The 8^th annual Municipal Finance Conference is slated to take place July 15-16 at the Brookings Institution in the nation’s capital.

Despite the many factors pulling against our market including slowing GDP and trade uncertainty, Christopher Mier, CFA of Loop Capital, remains optimistic on the municipal market. He see upgrades outpacing downgrades and is looking for stable returns in the state and local sectors. He even has hopes for improvements in Illinois post election and believes that P3s and OPEB bonds may see more activity. John Hallacy is host.

The composite of the Leading Economic Index was off 0.1% in December following an unrevised 0.2% rise in November, the Conference Board said Thursday.

Massachusetts Gov. Charlie Baker's $42.7 billion FY20 budget proposal includes a call to raise the real estate transfer tax to fund climate-related infrastructure.

One economist attributes the decline to the reduced flow of federal hurricane aid.

Kettering Health Network will sell $200 million of new money and refunding bonds.