News and Information from Bond Buyer

After Illinois lawmakers approved overhauling two of Chicago's pension funds, Cook County President Toni Preckwinkle said she was poised to unveil her own reform plan for her county's troubled fund.

The aerotropolis concept is the latest trend in major airport-centered economic plans.

Initial jobless claims plunged 32,000 to 300,000 in the week ended April 5, the Labor Department said Thursday.

Indicator Last Report Forecast Actual Wholesale Inventories Jan.: +0.8% Feb.: +0.5% Feb.: +0.5% Wholesale Sales Jan.: -1.8% Feb.: +1.0% Feb.: +0.7%

Apr. 10, 2014 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.15 1.32 2.62 3.77 Florida Aa1/AAA/AAA 0.15 1.37 2.62 3.78 Georgia Aaa/AAA/AAA 0.15 1.28 2.45 3.59 Kentucky Aa2/AA+/AA 0.17 1.4 2.67 3.82 Louisiana Aa2/AA/AA 0.16 1.38 2.66 3.81 Mississippi Aa2/AA/AA+ 0.17 1.39 2.67 3.77 North Carolina Aaa/AAA/AAA 0.15 1.28 2.45 3.59 South Carolina Aaa/AA+/AAA 0.15 1.31 2.48 3.61 Tennessee Aaa/AA+/AAA 0.15 1.3 2.5 3.64 Virginia Aaa/AAA/AAA 0.15 1.27 2.43 3.57 West Virginia Aa1/AA/AA 0.16 1.39 2.67 3.81

4/9/2014 4/2/2014 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 0 $0 2 $13,255 -$13,255 Florida 6 165,125 5 84,375 80,750 Georgia 5 145,295 5 145,295 0 Kentucky 5 97,900 1 2,245 95,655 Louisiana 3 35,070 2 28,180 6,890 Mississippi 1 1,600 3 97,390 -95,790 North Carolina 2 450,985 0 0 450,985 South Carolina 2 150,000 2 50,000 100,000 Tennessee 3 30,475 1 8,750 21,725 Virginia 0 0 1 89,545 -89,545 West Virginia 0 0 0 0 0

Thursday, April 10 Issuer St Description Amount

Thursday, April 10 Issuer St Description Amount

Week Of April 7 Issuer St Description Amount

ARKANSAS

ARKANSAS

Texas sales tax revenues rose 5.6% year-over-year in March to $2.09 billion, the 48th consecutive monthly increase, state comptroller Susan Combs said.

Chicago's plan to overhaul two of its four pension funds removes the threat of looming insolvency but any notable reduction in the burdensome size of their liabilities is years off, Fitch Ratings said.

Government

Muni bond yields dipped late Wednesday following a Federal Open Market Committee meeting in which members said a low policy rate will remain appropriate following the end of the Fed's tapering policy.

Former state Sen. Dan Clodfelter was sworn in as the new mayor of Charlotte, N.C., on April 9.

Moody's Investors Service said the deteriorating fiscal situation in North Las Vegas increases the likelihood of state intervention.

A Denver District Court judge has dismissed a lawsuit seeking to block $300 million of tax incentives for a Gaylord resort hotel.

A bond insurer Wednesday asked the bankruptcy judge overseeing Detroit's case to force the city to consider four new bids for the city's art collection that could bring in as much as $2 billion.

Standard & Poor's has followed Moody's Investors Service in downgrading the scandal-plagued Beaumont Independent School District.