News and Information from Bond Buyer

Healthcare issuance is up 122.2% year-over-year through April, rising to $9.062 billion through the first four months of 2024 from $4.078 billion over the same time period in 2023, LSEG data shows.

Issuance has increased, but financial performance and ratings are likely to stay volatile.

Strong and growing sales tax revenues support the bonds. Repayment isn't tied to ridership, which has declined.

Polk County, Iowa is issuing $113 million of general obligation capital loan notes, Series 2024A, for the Des Moines Airport Authority's new terminal project.

Munis posted losses in April, returning negative 1.24%. The asset class is also seeing losses of 1.62% year-to-date.

Alaska's efforts to manage its cyclical revenues brought an upgrade from S&P Global Ratings and positive outlook from Moody's Ratings.

Sen. Joe Manchin, D-W.Va., has already pledged to try to overturn the rule in Congress.

April's volume stood at $40.456 billion in 653 issues, up 21.2% from $33.377 billion in 666 issues in 2023.

The panel discussion will provide an updated outlook on the water situation in the state. More specifically, we will look to understand: Developments with Texas Water Fund, Desalination projects

As a number of large banks are limited in their ability to do business with governmental entities, the question becomes how large commercial paper issuers will address their liquidity needs and what ripple effect that will have on other issuers in the state. Among the points of discussion will be: SB 13 and 19, Net Zero Alliance

Considering the devastation and the cost associated with it, any strategies involving city-planning must incorporate ways to deal with very real weather events and the protection of communities. To that extent: What are the current plans for fortifying the infrastructure in Texas and across the nation?, Preparing for extreme heat, lack of water, storms and addressing their impact on municipalities and their ability to deal with it all

The Financial Data Transparency Act (FDTA) calls for the use of structured data standards by municipal bond issuers in a program that will be implemented by the SEC. Attend this session to learn about: The impact on government entities, What are data standards?, When will governments be required to comply?, What can we learn from other structured data programs implemented by the SEC?

Given the state's explosive growth, its transportation infrastructure – including roads, rail lines, airports, marine ports, and waterways – will need to be significantly expanded and improved. What is the outlook for the transportation sector?

As the sector attempts to get a handle on labor pressures and other challenges, where do things stand at this time?

The discussion will focus on the latest developments in the housing sector in Texas. Affordable housing in a shrinking affordability market, New home building

As the population in the state grows, how are power and utilities sectors adjusting? Additionally, given more frequent extreme weather conditions, what resiliency efforts are underway with respect to the power grids and other utilities' infrastructure?

The Houston City's Controller will be introduced by McCall Parkhurst & Horton's Managing Partner, Mark Malveaux.

During this discussion, we will examine how the school districts within Texas are making ends meet as well as touch on: Charter and private schools, Teacher shortages and how districts are spending down Elementary and Secondary School Emergency Relief funds

Our panel of issuers will share their insights into the current state of the public finance sector and the road ahead. Topics of discussion will include the economic growth, issuance status, and state and local government credit conditions.

During this session we will spend some time understanding investors' approach to munis in the current market conditions.