News and Information from Bond Buyer

Subsidence has delayed completion of the new Belle Chasse Bridge, a project led by one of the developers of the $2.3 billion Calcasieu Bridge project.

South Dakota voters will have the opportunity to end the state tax on groceries this November.

Most weeks in September are expected to see around $10 billion of issuance, which could easily grow if a prepaid gas deal is thrown into the mix, said Jason Appleson, head of municipal bonds at PGIM Fixed Income. Bond Buyer 30-day visible supply sits at $16.46 billion.

House Republicans are hoping to jam through a voter eligibility bill as part of the upcoming continuing resolution in order to avert a shutdown before Sept. 30.

Patrick Harker, the longest serving regional reserve bank president, will leave office in June 2025. Directors at the Fed bank have started the search for his replacement.

General fund revenue growth of only 1.1% in the fiscal year that ended Saturday, marks a continued slowdown since fiscal 2022's 26.4% increase.

The state Supreme Court will determine if the Granite State's property tax-based school funding is constitutional. 

AHCIA has languished since 2016 — is it time to consider alternatives?

Joan Stern, a legend in public finance law in Philadelphia and Pennsylvania, is a member of The Bond Buyer's 2024 Muni Hall of Fame class.

Illinois will sell up to $1.1 billion of general obligation refunding bonds and $600 million of taxable and tax-exempt GO bonds by the end of September.

Summer redemption season has ended, and "without the huge amounts of maturing and called bond principal flowing back to investors, demand in the last months of the year will be more reliant on new money coming into the market than it was in June, July and August," said Pat Luby, head of municipal strategy at CreditSights.

California and Texas have received the most amount of federal investment to date, according to a pair of reports tracking the climate law's investments.

The one-notch general obligation and certificates of participation rating downgrades resulted from the application of Fitch's updated criteria.

Rep. Steven Horsford will likely replace the late Rep. Bill Pascrell.

The state agreed to pay $350,000 to settle a sexual harassment suit against Treasurer Fiona Ma.

The $180.24 million deal comprises $76.085 million of metropolitan district bonds and $104.155 million of consolidated public improvement bonds.

S&P cited increased near-term capital needs in explaining the lowered outlook.

As extreme weather events occur with more frequency across the country, Michael Gaughan, executive director of the Vermont Bond Bank, says municipal bond banks can help smaller communities deal with the effects of them. Gaughan speaks with The Bond Buyer's Lynne Funk on the effects of climate change and how the various levels of government can work together to address it.

The Dallas-Fort Worth region toll highway owner and operator aims to rake in savings from the deal as it expects to cash fund a $2 billion capital plan.

Investors will see more than $7.8 billion of supply to start off September, following a record issuance month in August. The calendar is led by the North Texas Tollway Authority's $1.126 billion of system revenue refunding bonds while high-grade Massachusetts leads the competitive slate with $850 million of exempt and taxable general obligation bonds.