News and Information from Bond Buyer

Despite two COVID-19 waves and a crippling winter freeze, Texas general revenue was up 6.2% for the year that ended Aug. 31.

On the 20th anniversary of the Sept. 11 attacks, Howard Cure of Evercore Wealth Management and Andrew Rein of the Citizens Budget Commission share memories of that day, how New York managed the crisis and prospects today as the city looks to recover from the pandemic. Paul Burton hosts. (26 minutes)

Supply clocks in at $5.987 billion for the holiday-shortened week. Municipal new-issue volume is still lagging demand with Bond Buyer 30-day visible supply at $10.30 billion, while Bloomberg shows net negative supply at $11.430 billion.

The MSRB has announced an extension for municipal bond advisors seeking Series 54 certification, moving the compliance date from to Nov. 30, 2021, from Nov.12.

Ice Miller's new position is part of its growth strategy.

Analysts cited long-term structural balance and high reserves in lifting S&P's outlook on the Golden State's AA-minus rating.

Some issuers may have taken their eyes off of arbitrage risk, but advisors are still taking that tax-exempt compliance job seriously.

The weirdness of this storm adds yet another layer of complexity to the vexing problem of coping with climate change.

Refinitiv Lipper reported just over $1 billion of inflows into municipal bond mutual funds, an $800 million drop from a week prior, moving the four week moving average to $1.6 billion.

Pierluisi filed a request to stay the adversary proceeding in late August. Since then, the board and Puerto Rico House and Senate leaders told the court they oppose the stay.

Some Chicago council members questioned Mayor Lori Lightfoot's plans to use federal funds to back off scoop-and-toss restructuring plans with the demand so high for more social and human services and anti-crime spending.

California's drought makes the argument that the San Diego County Water Authority's choice to build a P3 coastside desalination plant was correct.

The New York City convention center's bonds are backed by hotel tax revenues that have been slow to recover from COVID-19.

ICI reported $1.99 billion of inflows into municipal bond mutual funds, bringing the total to $69 billion for 2021.

More than a third of the island's residents have lost power this week, in a problem that happens more frequently on the island than it does in the states.

In the first quarter of 2021, state personal income rose by 14.4%, the largest year-over-year increase since reporting began in 1948.

The Kentucky Public Transportation Infrastructure Authority and the Kentucky Turnpike Authority plan refunding revenue bond sales this month.

Moody's Investors Service upgraded St. Louis to A3 from Baa1 citing a "materially improved financial profile."

Having earnestly settled with every major constituency, it is time for the Board to do the right thing by abandoning unnecessary pension cuts and freezes.

The governor is asking for a stay until the court decides on the Plan of Adjustment.