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7/27/2015 7/20/2015 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 1 $5,990 2 $12,620 -$6,630 Arkansas 6 21,260 2 4,450 16,810 Colorado 3 52,605 5 103,460 -50,855 Kansas 8 23,495 8 19,937 3,558 New Mexico 2 75,850 4 244,710 -168,860 Oklahoma 2 5,100 3 16,605 -11,505 Texas 35 1,627,932 52 2,097,717 -469,785 Utah 0 0 0 0 0
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- Puerto Rico
Puerto Rico wound up with a $703 million deficit in 2015, a fiscal year it had budgeted to be at least superficially balanced, according to Puerto Rico Secretary of the Treasury Juan Zaragoza Gómez.
July 27 - Illinois
Fitch Ratings downgraded the Chicago Board of Educations $6 billion of general obligation debt down to junk Monday.
July 27 - Wyoming
The Wyoming Community Development Authority is gearing up to issue $114 million to refund outstanding bonds and to purchase home loans as part of a program to make home buying easier for some state residents.
July 27 -
Vice President Joseph Biden, who once likened New Yorks LaGuardia Airport to a third world country, joined Gov. Andrew Cuomo to announce its rebuilding.
July 27 -
Proposed rule changes by the Federal Reserve are so restrictive that they would either substantially reduce or exclude municipal securities from being considered high-quality liquid assets in liquidity coverage ratios banks have to meet and, as a result, would hurt the municipal market, dealer groups and issuers are warning.
July 27 -
The Port Miami Tunnel project has received the National Council for Public-Private Partnerships 2015 Infrastructure Project Award.
July 27 -
Prices of top-rated municipal bonds closed stronger on Monday, according to traders, as yields on some maturities weakened by as much as three basis points. Treasury prices also rose while stocks fell after equities in China plunged. Oil prices dropped to a four-month low on the Chinese share decline as the dollar headed lower.
July 27 - Idaho
Moodys Investors Service downgraded to Baa3 from A2 the rating of Bingham County School District No. 55 affecting $5.4 million in debt.
July 27 - Puerto Rico
A source close to the Puerto Rico government, disputing a report that restructuring is avoidable, said specific debt decisions will be delayed until at least least mid-September.
July 27 - Wisconsin
The Milwaukee comptrollers office is accepting proposals from bond counsel firms for any city financing to cover its share of a new arena for the Milwaukee Bucks.
July 27 - California
Supporters of a California state school bond measure say they are confident of meeting a September deadline to gather enough signatures to place it on the November 2016 ballot.
July 27 - Massachusetts
Former Detroit emergency manager Kevyn Orr will speak at a municipal finance conference in Boston hosted by Brandeis International Business School and the Federal Reserve Bank.
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