News and Information from Bond Buyer

Harrisburg, Pa., has a balanced budget after City Council members passed a resolution to add savings from a months-long hiring freeze to offset expenses.

Indicator Last Report Forecast Actual Durable Goods Aug.: -18.3% Sept.: +0.6% Sept.: -1.3% Durable Goods ex-trans Aug.: +0.7% Sept.: +0.5% Sept.: -0.2% Consumer Confidence Sept.: 89.0 Oct.: 87.0 Oct.: 94.5

Oct. 29, 2014 Midwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Illinois A3/A+/A+ 0.54 2.33 3.5 4.45 Indiana Aaa/AAA/AA+ 0.14 1.14 2.12 3.07 Iowa Aaa/AAA/AAA 0.14 1.15 2.12 3.07 Michigan Aa2/AA/AA 0.17 1.22 2.26 3.24 Minnesota Aa1/AA+/AA+ 0.14 1.12 2.04 2.96 Missouri Aaa/AAA/AAA 0.14 1.09 2.03 2.98 Nebraska NR/AAA/NR 0.14 1.16 2.2 3.15 North Dakota Aa1/AA+/NR 0.15 1.17 2.18 3.13 Ohio Aa1/AA+/AA+ 0.15 1.14 2.16 3.11 South Dakota NR/AA+/AA+ 0.15 1.19 2.22 3.18 Wisconsin Aa2/AA/AA 0.16 1.16 2.19 3.16

10/28/2014 10/21/2014 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000s) Illinois 15 $504,875 18 $103,046 $401,829 Indiana 9 204,885 9 187,670 17,215 Iowa 4 42,935 1 24,560 18,375 Michigan 4 76,150 6 345,800 -269,650 Minnesota 23 167,450 30 390,855 -223,405 Missouri 3 699,805 1 2,020 697,785 Nebraska 0 0 0 0 0 North Dakota 7 40,000 1 2,000 38,000 Ohio 6 228,505 2 88,665 139,840 South Dakota 0 0 2 110,565 -110,565 Wisconsin 16 300,445 17 170,000 130,445

Wednesday, October 29 Issuer St Description Amount

Wednesday, October 29 Issuer St Description Amount

Week Of October 27 Issuer St Description Amount

ARKANSAS

ARKANSAS

Moody's Investment Service is concerned about Puerto Rico's liquidity and market access, it said in a report released Tuesday.

Government

Wisconsin and its local governments face relatively low levels of fiscal pressure with a stable outlook due to distinct traits that aid in the maintenance of their health, Moody's Investors Service writes in a special report published Tuesday.

Key players will discuss the design and construction of the $1.4 billion Fulton Center megaproject in Brooklyn, N.Y., on Oct. 29.

Richard Ciccarone of Merritt Research and Tim Hadley and James Morris from Investortools will speak at the Nov. 4 meeting of the Philadelphia Municipal Analyst Society.

The Illinois State Toll Highway Authority will returns to the market Thursday to borrow $400 million of new-money, toll-backed debt to kick off record infrastructure spending planned in the coming year.

Taxable bonds are holding investors interest in the primary and secondary markets on Tuesday, as the taxable $350 million California Earthquake Authority revenue bonds were priced.

Ineffective safety management was common to five Metro-North Railroad accidents over 11 months, including a train collision last December that killed four persons.

Moody's Investors Service affirmed an Aa1 rating with a stable outlook on $382 million in outstanding Idaho Bond Bank Authority revenue bonds ahead of plans to price $12.8 million on Nov. 6.

California ranked 48th in the country for its business tax climate in an index released Oct. 28 by the nonpartisan Tax Foundation in which 50 is the worst ranking.