News and Information from Bond Buyer

Miami Gardens, Fla., voters authorized the city to issue $60 million of general obligation bonds April 21. It would be the city's first issuance of GOs.

The Treasury Department Tuesday auctioned $25 billion of four-week bills at a 0.015% high yield, a price of 99.998833.

U.S. Bankruptcy Judge Steven Rhodes tapped Martha Kopacz of Phoenix Management Services to act as a municipal finance expert witness reviewing Detroit's bankruptcy exit plan, and Richard Ravitch as a consultant to the court.

Existing home sales inched down 0.2% to a seasonally adjusted 4.59 million-unit rate in March from an unrevised 4.60 million pace the previous month, the National Association of Realtors announced Tuesday.

The judge overseeing Detroit's bankruptcy ordered the city back into mediation with limited-tax GO bondholders and water and sewer holders in a renewed effort to reach settlements.

The Utah Transit Authority is privately placing $144 million of subordinate sales tax revenue bonds to reduce variable-rate exposure.

Tuesday, April 22 Issuer St Description Amount

Tuesday, April 22 Issuer St Description Amount

Indicator Last Report Forecast Actual Leading Indicators Feb.: +0.5% March: +0.7% March: +0.8%

Week Of April 21 Issuer St Description Amount

Week Of April 21 Issuer St Description Amount

Apr. 22, 2014 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.2 1.35 2.58 3.85 Arkansas Aa1/AA/NR 0.15 1.2 2.37 3.6 Colorado Aa1/AA/NR 0.16 1.26 2.49 3.74 Kansas Aa1/AA+/NR 0.15 1.23 2.42 3.66 New Mexico Aaa/AA+/NR 0.15 1.19 2.39 3.64 Oklahoma Aa2/AA+/AA+ 0.16 1.26 2.48 3.73 Texas Aaa/AAA/AAA 0.15 1.17 2.32 3.58 Utah Aaa/AAA/AAA 0.15 1.15 2.27 3.5

4/21/2014 4/14/2014 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 3 $160,730 3 $115,275 $45,455 Arkansas 1 3,520 4 28,490 -24,970 Colorado 4 143,385 2 36,200 107,185 Kansas 0 0 2 12,260 -12,260 New Mexico 6 101,445 6 114,400 -12,955 Oklahoma 27 69,610 11 12,120 57,490 Texas 49 1,626,483 33 433,835 1,192,648 Utah 1 25,000 3 145,465 -120,465

IOWA

ALABAMA

Leaving a temporary 2011 income tax hike in place combined with a December pension overhaul would put Illinois in position to stabilize its deteriorated credit, Moody's Investors Service said in a new commentary.

New York State won praise from Comptroller Thomas DiNapoli for improving its finances.

A federal appeals court on Friday upheld Wisconsin's law limiting collective bargaining rights.

Standard & Poor's has revised its outlook on Rush University Medical Center Obligated Group’s A rating to positive from stable.

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