News and Information from Bond Buyer

Moody's dropped the city's rating a notch to A3 and kept a negative outlook on the credit. Persistent structural deficits and pension liabilities were factors.

The short-term funding bill would avoid a government shutdown ahead of midterm elections.

But it still remains slightly higher than it was a year ago.

Amendment 6, one of twelve proposed constitutional amendments the state's voters will decide Nov. 8, would give local officials more flexibility, supporters say.

Investors will be greeted Tuesday with a larger new-issue calendar, estimated at $6.087 billion, up from total sales of $5.551 billion in the week of Aug. 29.

The board says the law will reduce economic activity and government revenues.

Nearly all construction firms have job openings, and more than half said they're seeing projects being scaled back, postponed or canceled.

Economists presented a good news-bad news scenario during their September forecast that included the possibility of a recession, which would kill the kicker rebate.

Some Texas lawmakers are pushing legislation that could ensnare muni investment banks offering company funded access to out-of-state abortions for employees.

Sunita Lough won admiration from the public finance legal community.

Outflows from municipal bond mutual funds increased as investors pulled $3.416 billion out of funds in the latest week, versus the $1.180 billion of outflows the prior week, according to Refinitiv Lipper data.

Baker Tilly will fold specialty consulting firm Management Partners into its public sector practice next month.

The team now wants the option to continue discussions through September.

On Tuesday, the Municipal Securities Rulemaking Board filed a proposal with the SEC to changing Rule G-3, which governs continuing education requirements.

The MBTA's capital program, which relies on nearly $600 million in annual borrowing, has doubled since 2018.

Judge gives Puerto Rico Oversight Board until next week to submit a plan of adjustment.

The 30-member syndicate plans to begin retail order pricing Wednesday with institutional sales planned for Sept. 8 on the new money and refunding GOs.

The Investment Company Institute reported $755 million of outflows from muni bond mutual funds in the week ending August 24 compared to $320 million of inflows the previous week.

Chicago's O'Hare $1.77 billion offering took center stage this week with the city offering a diverse structure to lure buyers.

Mississippi's largest city is without running water. It has $191 million in outstanding water and sewerage revenue bonds, according to Moody's.