News and Information from Bond Buyer

The city and its related issuers picked financial advisors to work on upcoming bond deals, including GO issuances, TFA deals and water authority sales.

The bank has also hired some analysts to its infrastructure group over the past several weeks as it plans to beef up its muni team.

Mr. Fish worked at Bankers Trust Co., Donaldson, Lufkin, & Jenrette and ABN Amro and had served as a chair of the Municipal Analysts Group of New York and been a president of the Society of Municipal Analysts.

"The risk of future budgetary pressure is further elevated due to pension contributions falling short of their actuarially determined contribution amounts in each of the past three years and a relatively high level of unfunded pension liabilities," said S&P's Rob Marker.

Boston is more dependent on property taxes from commercial real estate, and property taxes in general, than most of its large-city peers.

The Ohio state Senate passed a bill that included $1.27 billion in bonds for state government facilities, classrooms, subdivisions and conservation projects.

The negotiated calendar is led by the Regents of the University of California with nearly $1 billion of general revenue bonds.

Hawaii's budget director told a state Senate committee the costs to house people are coming in double what was estimated.

The new guidance modifies rules that stretch back to 2005.

The House Transportation & Infrastructure Committee is already looking ahead to fiscal 2025, prioritizing IIJA spending oversight, FAA reauthorization and the next surface transportation bill.

New MSRB Rule G-46 on the duties of solicitor municipal advisors goes into effect on March 1

"In Kentucky, we're working hard to ensure our place as a leader in economic development, and this growth in exports shows our efforts are succeeding," said Gov. Andy Beshear.

"When you add everything in this document up, it demonstrates you can make smart investments when you budget wisely, trust the market rather than try to dictate it, and empower your citizens more than you empower the government," said Georgia Gov. Brian Kemp.

A power struggle over the governance of the Oklahoma Turnpike Authority and a Houston mayor ending a legal dispute with firefighters that could improve the city's Fitch rating are among the legal stories bond market professionals are watching.

Washington state lawmakers approved a $14.6 billion two-year transportation budget, a $1 billion increase.

High rates and high inflation, coupled with rich reserves, pushed off or delayed issuers coming to market in 2023, noted James Pruskowski, chief investment officer at 16Rock Asset Management.

Municipals look poised to close out February a touch in the black following a more constructive tone Thursday after being in a 'holding pattern' for much of the past two weeks.

Analysts say states can avoid short-term issues as a result of strong reserves but some may face challenges over the longer term.

Escalating costs led University of Utah Health to seek a doubling of its bonding authority from the state legislature for a medical campus project.

The urbanized area grant program makes up nearly half of the funds, with the New York-Newark area getting the largest tranche, at $1.24 billion.