News and Information from Bond Buyer

Utah voters approved $139 million of bonds and rejected $12.7 million in the Nov. 4 election. Voters also approved five sales-tax increases and rejected two.

The Michigan Senate approved a new road funding tax that could raise as much as $1.5 billion in new annual funding, marking a victory for Gov. Rick Snyder.

Municipal bonds outperformed Treasuries on Friday.

The Internal Revenue Service is auditing bonds issued in 2006 by the Orange County Health Facilities Authority in Florida for Orlando Regional Healthcare System, now Orlando Health Inc.

The Kansas City Fed Labor Market Conditions Indicators (LMCI) suggest labor market conditions continue to improve.

Inflows for all municipal bond funds rose by 661% this week.

The new Central Florida Expressway Authority plans to interview four candidates for the executive director's position, and move forward with its first major financing.

Business inventories rose 0.3% to $1.756 trillion in September, while sales were unchanged at $1.353 trillion, the Commerce Department reported Friday.

The University of Michigan's preliminary November consumer sentiment index reading was 89.4, compared to the final October 86.9 and the preliminary October 86.4, according to market sources.

Low inflation does not warrant keeping the fed funds rate target near zero, according to Federal Reserve Bank of St. Louis President James Bullard.

CALIFORNIA

Daily Economic indicators box Indicator Last Report Forecast Actual Initial Jobless Claims 11/1: 278,000 11/8: 280,000 11/8: 290,000 Continuing Claims 10/25: 2.356M 11/1: 2.350M 11/1: 2.392M Treasury Budget Sept.: +$105.8B Sept.: -$111.7B Sept.: -$121.7B

Monday, November 17 Issuer St Description Amount

Monday, November 17 Issuer St Description Amount

Week Of November 17 Issuer St Description Amount

Friday, November 14 Issuer St Description Amount

ARKANSAS

Culver City officials had little time to celebrate a favorable court ruling in the city's three-year dispute with the California Department of Finance stemming from the redevelopment agency wind-down process, as DOF filed an appeal three days later.

Government

The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose one basis point the week ending Nov. 13th to 4.39%.