News and Information from Bond Buyer

Philip Howard, founder of the group Common Good, advocates measures to simplify government and end paralysis. Paul Burton hosts.

Illinois offered top yields to draw strong demand for its $966 million general obligation refunding.

Governor rejects ending Christmas Bonus or cutting pensions.

Both the big Illinois bond deal and the giant Texas note sale were warmly received by investors Wednesday.

A report on cyber-related risks released Wednesday by S&P Global warned that “a successful attack on an entity with limited resources could have a credit impact.”

The bonds will pay for renovations and the addition of a new building.

Moody's Investors Service dropped Beloit College's rating two notches to Ba1 from Baa2.

The state is still measuring tax revenue from sports betting in the thousands of dollars.

Lawmakers will consider internet sales taxes, electric and hybrid vehicle user fees, a state lottery and bonds to fund transportation projects.

The region's volume numbers were supported by favorable market conditions that drove several large gas prepay deals.

Voters in Harris County will decide whether to authorize up to $2.5 billion of bonds to minimize damage from future storms.

Illinois came to market on Wednesday with over $900 million of bonds while Texas sold a massive note deal in the competitive arena.

The commonwealth also intends to offer $765 million of GO bonds and $160 million of Clean Water Trust bonds.

Existing home sales fell 0.7% to a seasonally adjusted 5.34 million-unit rate in July.

Two of three sales in Connecticut’s recent bond offering set record retail orders, said state Treasurer Denise Nappier, while spreads continued to drop.

Improving public school facilities will be a priority of the Rhode Island Health and Educational Building Corp. under new executive director Kimberly Mooers.

Municipal bond buyers saw some new offerings come to market on Tuesday, led by a Denver city and county deal.

The measure, which may be on the ballot in 2020, would lift the Proposition 13 limit on commercial property tax assessments.

The report aims to answer how the debt problem developed and to make recommendations to prevent such a problem from ever arising again in Puerto Rico.

Multiple constitutional claims, including racial gerrymandering, are cited in lawsuits filed by the city of Stockbridge and Capital One Public Funding.