News and Information from Bond Buyer

3/1/2016 2/23/2016 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000s) Illinois 9 $187,605 9 $102,355 $85,250 Indiana 5 205,335 5 29,120 176,215 Iowa 3 26,145 9 155,055 -128,910 Michigan 10 288,800 17 117,215 171,585 Minnesota 19 144,240 22 163,190 -18,950 Missouri 2 106,095 6 69,385 36,710 Nebraska 0 0 0 0 0 North Dakota 1 1,170 1 2,060 -890 Ohio 6 711,335 8 550,600 160,735 South Dakota 0 0 0 0 0 Wisconsin 16 90,045 9 339,360 -249,315

Wednesday, March 2 Issuer St Description Amount

Wednesday, March 2 Issuer St Description Amount

Week Of February 29 Issuer St Description Amount

ARKANSAS

ARKANSAS

With four months remaining in the fiscal year, Kansas revenue is running nearly $80 million short of projections after the latest monthly report.

The Municipal Securities Rulemaking Board filed proposed amendments to two rules with the Securities and Exchange Commission late Tuesday in an effort to move the municipal securities market to a two- instead three-day settlement cycle.

Chicago-based Roosevelt University lost one of its investment grade ratings as it struggles with operating deficits driven by the strains of enrollment losses and a hefty debt load.

A bipartisan bill that would provide $220 million of federal funds to Flint, Mich., as well as any other community facing a drinking water emergency, appears to be is stalled in the Senate.

Government

The funding ratio of pension assets-to-liabilities fell to 74% percent last year from 77% in 2014 for 131 state-sponsored defined benefit retirement systems, according to an annual report released Tuesday by Wilshire Consulting.

Ferguson, Mo.’s already junk-level rating was placed on review for downgrade because of threats to the city's solvency after it rejected a negotiated consent decree with the U.S. Justice Department for the tactics of its police department.

Municipal bonds, tax-exempt bonds, munis, primary bond market, secondary bond market, public finance, Treasury bonds, fixed-income, California, Los Angeles, LAUSD, New York, Kentucky, Delaware

Federal officials expect to have construction agreement with private partner for a new FBI headquarters by end of 2016.

Reps. Randy Hultgren, R-Ill., and Dutch Ruppersberger, D-Md., have launched a Municipal Finance Caucus made up of House members from both political parties who will fight to protect the tax-exempt status of municipal debt and ensure there is a robust market for municipal securities.

The Northern Indiana Commuter Transportation District is issuing $89.1 million in tax exempt limited obligation revenue bonds to fund the installation of the federally mandated positive train control to its existing rail infrastructure.

Honolulu Mayor Kirk Caldwell wants control of Honolulu’s $6.9 billion elevated returned to the mayor’s office.

New York City budget director Dean Fuleihan wants agency heads to identify "significant new savings" in time for the updated spring spending plan.

New Jersey is experiencing a deterioration of its credit quality with spreads widening in state-issued debt, according to Janney Capital Markets.