News and Information from Bond Buyer

4/6/2016 3/30/2016 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 1 $23,800 0 $0 23,800 Florida 3 255,024 4 448,180 -193,156 Georgia 4 159,610 0 0 159,610 Kentucky 3 80,135 8 146,495 -66,360 Louisiana 7 140,390 2 31,000 109,390 Mississippi 3 19,410 2 33,760 -14,350 North Carolina 3 196,835 2 85,455 111,380 South Carolina 1 27,050 0 0 27,050 Tennessee 2 83,575 2 96,250 -12,675 Virginia 5 245,740 4 428,390 -182,650 West Virginia 0 0 0 0 0

Thursday, April 7 Issuer St Description Amount

Thursday, April 7 Issuer St Description Amount

Week Of April 4 Issuer St Description Amount

Week Of April 4 Issuer St Description Amount

Moody's Investors Service has downgraded Atlantic City Municipal Utilities Authority's (NJ) rating to B3 from B2, affecting $7.5 million of $16.6 million of net water revenue debt outstanding. The outlook remains negative.

State and federal officials signed an agreement to remove four hydroelectric dams in California and Oregon at an estimated cost of $290 million, part of which will be paid through California bonds.

Standard & Poor's Ratings Services lowered its long-term rating to 'BBB-' from 'BBB' on bonds issued for Yeshiva University (YU), N.Y. by the New York State Dormitory Authority. The outlook is stable.

Government

New York State's “Lean Initiative” has won the Citizens Budget Commission’s 2016 award for Public Service Innovation, the CBC announced on Wednesday. The prize will be presented at the CBC’s annual dinner on Thursday.

Kansas City heads into the market Thursday with a $332 million new money and refunding special obligation backed issue.

Top shelf municipal bonds finished unchanged on Wednesday, traders said, as a wave of issuance swept over the market, led by issuers in California, New York and Connecticut.

Puerto Rico officials clashed with investors Wednesday as the government enacted a moratorium on paying the territory’s $70 billion of public debt.

After four months of decline, local sales tax revenues increased 2.6% in March compared to the same month last year, state Comptroller Glenn Hegar said.

After a long wait, legislation to reduce Chicago's contribution this year to its public safety pension funds was sent to Gov. Bruce Rauner's desk.

Newly issued Treasury securities held in stripped form decreased about $1.596 billion in March to a total of $214.596 billion, the Bureau of the Public Debt reported Wednesday.

Four California energy agencies warned Tuesday of power outages as they released a joint plan for handling a natural gas shortage resulting from a leak at Southern California’s primary gas storage facility.

Berkeley Unified School District, Calif. will sell $18 million of general obligation bonds next week, buoyed by a Fitch Ratings AAA.

Florida Gov. Rick Scott signed a bill Monday creating the Florida Department of Transportation Financing Corp., to issue tax-exempt bonds for agency projects that will include public-private partnerships.

St. Louis, its sewer district, and Kansas City scored fiscal victories in elections Tuesday in Missouri, when Ferguson voters rendered a split decision on proposed tax increases.