News and Information from Bond Buyer

The Municipal Forum of New York presented awards to four people at its annual fund-raising dinner in Manhattan on May 3. Money raised at the dinner is used to support the Urban Leadership Fellows internship program to support high school seniors heading to college.

Harris Health System is asking Harris County to place a bond proposition on the November ballot.

The Federal Reserve took action against a small bank in southern Illinois whose exposures to interest rate changes left it with negative equity last year. The enforcement action comes as regulators review their oversight practices following Silicon Valley Bank's failure.

Investors will be greeted Monday with a new-issue calendar estimated at $7.588 billion.

The city north of Detroit says it can't afford to make good on a $24 million debt owed to the Great Lakes Water Authority and in the absence of state help has raised state-approved bankruptcy as an option.

Seattle's Sound Transit, the biggest beneficiary of a federal low-interest loan program, had received three more loans totaling $327 million.

Continued commitments to meeting long-term liabilities under Gov. Phil Murphy were cited as key in a slew of recent bond rating upgrades for the Garden State.

The resignation comes after the bank was placed on the state treasurer's list of fossil fuel industry boycotters.

Outflows from municipal bond mutual funds intensified as Refinitiv Lipper reported $846.116 million was pulled from them as of Wednesday after $92.055 million of outflows the week prior. 

Legislation making its way through the state legislature enhances pension benefits for Tier 2 Chicago firefighters but the Civic Federation is urging lawmakers to slow down.

Three public finance veterans and one industry hopeful took the stage Wednesday in Manhattan to accept awards at the forum's 32nd Annual Awards Dinner.

"The vast majority" of state and local issuers would be resilient to a one-notch downgrade in the U.S. rating, Moody's said.

With limited support from the federal government, numerous cities would be able to pursue projects that improve their communities without sacrificing their budgets to debt service.

The Local Infrastructure Hub is designed to help municipalities tap into $42 billion in federal grants

Judge Laura Taylor Swain is upset little mediation has occurred in recent months.

Providing enough housing for middle class and homeless people has topped legislative agendas in three West Coast states and Hawaii this session.

Circuit Judge John K. Bush cited Alexander Hamilton's insistence in the Federalist Papers that states would retain their authority over their own taxation.

The placement of Wells Fargo, JP Morgan Chase, and Bank of America on the list makes them ineligible for state and local government contracts.

"The SLGS window closed after we released the pre-marketing wire and had already signed off on the cashflows," which assumed the use of SLGS, city Auditor Megan Kilgore said. "I've had the SLGS window close the same week, even within a day or two of pricing, but not without any advance notice."

Without certification it will be harder to get the appeals court to hear any bondholders' appeal.