News and Information from Bond Buyer

A three-judge panel said the department could not prove the project was a modification of the existing infrastructure, which would have given it the authority to issue bonds.

The muni market saw a record $579.936 billion of debt issued in 2025, up 12.9% from $513.652 billion in 2024, according to LSEG data.

Texas will receive the largest share of the rural hospital fund's first-year allocation.

Oregon transportation bond payments protected even if tax repeal succeeds, rating agencies say.

Green will focus full-time on Democracy Solutions, a firm he launched in March 2024.

Municipal bond issuers are on tap to sell about $6 billion of new issues in early January, but there should be plenty of money from maturing issues and interest payments to easily absorb that amount, as well as volume going forward, says Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.

Advocates for improving inland port infrastructure in the House and Senate are pushing bipartisan bills aimed at funneling more dollars from the Port Infrastructure Development Program to facilities on the Great Lakes as opposed to East and West coasts.

Fitch Ratings downgraded Nebraska's Regional West Health Services by two notches, lowering its long-term issuer default rating to CCC from B-minus.

The California High Speed Rail Authority's focus has shifted to state funds and private capital.

A lawyer for the bondholders said a majority support the proposed treatment of the $61 million of outstanding bonds.

When Ohio Gov. Mike DeWine signed property tax reform bills, there was hope in Columbus it would appease voters who backed a push to abolish property taxes.

The Federal Open Market Committee meeting minutes showed the decision was closer than the vote indicated, with "a few" voters suggesting they would have supported no change at the meeting.

"The upgrade to Baa3 recognizes the city's fiscal stability under the current casino taxation format," as well as rapid debt defeasance, the rating agency said.

The Alaska IDEA's $75M notes were rated AA-plus by S&P, which cited strong financials.

The loss of federal jobs combined with delays in accessing employment data are contributing to flat revenue estimates for the Washington, D.C., government.

BDA's Decker hopeful that the "sensible regulation" trend will continue. 

Fiscal 2027 budget proposals are being rolled out against a backdrop of unclear impacts from federal tax cuts and policy changes.

The muni credit market has experienced headwinds this year, including "potential federal funding cuts, the impact of tariffs and sector-specific pressures," said Goldman Sachs strategists

Moody's Ratings upgraded the Rhode Island Airport Corporation's airport revenue bonds for Providence's T.F. Green International Airport to A3 from Baa1.

With Federal Reserve Chair Jerome Powell's term expiring, there is added uncertainty about monetary policy.