News and Information from Bond Buyer

Indianapolis is coming to market this week with $50.2 million of tax increment backed revenue bonds to finance a pair of large downtown developments that will help satisfy a rising demand for downtown living space.

Florida Gov. Rick Scott launched "Let's Keep Florida Beautiful," a campaign platform pledging to provide $1 billion for environmental protection.

Gov. Dannel Malloy launched a project aimed at expanding Connecticut's natural gas distribution systems.

During the second quarter of 2014 (2Q'14) and for the first time since 3Q'09, U.S. public finance rating upgrades outnumbered downgrades, Fitch Ratings said.

School districts in Austin and its booming suburbs are pouring more than $550 million of top-rated bonds into a lean and hungry primary market.

A slew of bond-related bills was introduced in the House and Senate in the last few days before members of Congress left town to begin their five-week recess.

A water main break that resulted in the release of an estimated 20 million gallons of water, flooding Westside Los Angeles neighborhoods and the University of California-Los Angeles campus, is reflective of problems cities across the country face as they grapple with aging infrastructures.

Michigan voters Tuesday will consider a ballot measure that would phase out the personal property tax, which is levied on businesses and is a chief source of revenue for local governments.

Standard & Poor's Ratings Services said it raised its long-term and underlying rating to AA-minus from A-plus on Hunt Memorial Hospital District (HMHD), Texas' existing general obligation debt.

Standard & Poor's Ratings Services said it raised its long-term and underlying ratings to A-plus from A on Pittsburg Unified School District, Calif.'s general obligation bonds.

The $575 million revenue bonds the Illinois Finance Authority is selling for the University of Chicago on Tuesday will not be impacted by Illinois' recent credit troubles, a trader in Chicago said.

The Washington State Housing Finance Commission, which helps fund affordable housing in the state by issuing tax-exempt bonds and offering tax credits, announced that it will help victims of recent wildfires to access emergency housing.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.025% high rate, down from 0.030% the prior week, and the six-months incurred a 0.050% high rate, off from 0.055% the week before.

The Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday.

Minnesota will take bids Tuesday on a rare certificates of participation issue for $85.4 million Tuesday to raise funds to finance a new legislative office building that was the subject of a legal challenge.

The Conference Board's Employment Trends Index (ETI) gained to 120.31 in July from an upwardly revised 119.92 in June, and is up 6.6% from a year ago, the group announced Monday.

New York City business activity grew at a faster pace in July, as the current business conditions index climbed to 68.1 from 60.5 in June, the Institute for Supply Management-New York's Report on Business index, released Monday, indicated.

Fitch revised the rating outlook to stable from negative on $307.4 million in bonds issued for Southwest Florida International Airport because traffic levels improving.

A market hungry for yield will look to this week's Rhode Island tobacco bonds, even given the sector's reputation for distress.

Monday, August 4 Issuer St Description Amount