News and Information from Bond Buyer

But governor and an analyst caution about appropriating "excess revenues" before an audit.

The program received more than 250 applications for $26.5 billion worth of projects across the country.

The once-barren budget stabilization fund now tops $1 billion but it's meager compared to the cushion built up by other states.

The former two-term mayor of Central Falls will face Republican James Lantrop, finance director for the town of North Kingstown, in the state's Nov. 8 general election.

The Investment Company Institute reported $2.034 billion of outflows from muni bond mutual funds in the week ending Sept. 7 compared to $2.594 billion of outflows the previous week.

The statement could be interpreted as also suggesting a restructuring of $242 million in bonds.

A whopping 91% of Bond Buyer California Public Finance Conference survey respondents expect municipal interest rates will end the year higher than current rates and 73% said rates will have the largest impact on the public finance industry in the next two quarters

The SEC has charged Chicago-based broker-dealer Loop Capital with providing advice to a municipal entity without registering as a municipal advisor

The capital finance director of the San Francisco Public Utilities Commission delivered some biting remarks to states banning underwriters based on political issues.

The allocation for Strategic Biofuels LLC received final approval from the Louisiana Community Development Authority, conduit issuer for the tax-exempt bonds.

Municipal advisor Matthias O'Meara and his firm Choice Advisors' move to dismiss the SEC's first ever charges under MSRB Rule G-42 failed.

Muni and UST yields surged Tuesday on expectations the Fed will have to aggressively raise interest rates to bring down inflation.

Detroit revised its general fund estimates upward for the current fiscal year at its latest estimating conference Monday.

Nominations are live for the 21st Bond Buyer Deal of the Year and Freda Johnson awards. The application deadlines are Friday, October 7.

The Skyway sale "proves that sophisticated global investors who can buy assets anywhere view Chicago as a great place to invest," said a spokesperson for Mayor Lori Lightfoot.

The SEC has charged Oppenheimer in a litigated action and settled with BNY Mellon, TD Securities and Jefferies for failing to comply with municipal bond disclosure requirements.

The dispute now includes an appeal over a ruling about documents not returned after a FOIA request.

Fiona Ma delivered speeches Monday at The Bond Buyer California Public Finance conference and California Debt and Investment Advisory Commission pre-conference.

Monday's opening panel of The Bond Buyer California Public Finance conference in Los Angeles was an insiders' look at muni market challenges and opportunity.

Massachusetts Treasurer Deborah Goldberg talks about the Bay State's economic recovery, the largest ESG bond deal ever done in the municipal space and special state initiatives such as promoting diversity and inclusion and creating a Baby Bond taskforce. Chip Barnett and Thomas Nocera host. (22 minutes).