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Voters in the consolidated governments of Indianapolis and Marion County, Indiana will decide the fate of an income tax increase to fund major upgrades to public transportation.

Private Activity Bonds for a managed lanes project along one of the Houston area’s most congested corridors carry the lowest investment-grade rating from Fitch Ratings.

California’s April revenues fell short of estimates in Gov. Jerry Brown’s proposed 2016-17 budget by $1.19 billion, according to the state controller’s monthly cash report.

The Puerto Rico Electric Power Authority demanded Tuesday that its negotiating bondholders lend it $111 million by the end of Thursday.

Top shelf municipal bonds firmed on Tuesday, according to traders, as water and wastewater deals from issuers in Texas, California and Colorado came to market.

Ramapo, N.Y. was too highly rated by Moody’s Investors Service and remains so after recent federal charges against town officials, according to a report from Gurtin Fixed Income Management.

Catholic Health Initiatives, the nation’s second-largest nonprofit healthcare system, was downgraded by Moody’s Investors Service, affecting $7.3 billion of rated debt.

Richland County, S.C., has set aside funds to pay off a $50 million bond anticipation note amid a probe into what state officials claim are improper expenditures of revenue of a local transportation sales tax.

A California authority and a high school district said this week that they are prepared to file a protest and appeal of an expected Internal Revenue Service proposed adverse determination that $25.4 million of tax-exempt variable rate demand bonds are taxable.

Chicago closes the door on a $2.2 billion downgrade-driven liquidity crisis by selling $535 million of water revenue-backed paper in a deal that sheds bank credit and counterparty risk.

MBIA Inc. and its municipal bond insurance unit reported declines in first quarter profit as declining muni issuance and interest rates near historic lows continued to crimp the market for debt guarantors.

The Treasury Department Tuesday auctioned $24 billion of three-year notes with a 7/8% coupon at a 0.875% yield, a price of 99.999989.

The Puerto Rico Electric Power Authority Bondholder Group is offering to advance their arrangements with PREPA through putting money into escrow.

Top shelf municipal bonds were slightly stronger at mid-session, according to traders, as several large water and wastewater deals from issuers in Texas and California came to market.

California Gov. Jerry Brown issued an executive order to make many statewide temporary conservation measures permanent, saying that El Niño rainfall hasn’t solved the state’s drought problems.

The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 0.245% high yield, a price of 99.980944.

The Massachusetts Bay Transportation Authority will terminate five legacy interest-rate swaps after receiving approval to do so from its two governing boards.