News and Information from Bond Buyer

TxDOT expects to issue $1.5 billion of bonds in fiscal year 2022, with another $1.5 billion issued in fiscal 2024.

The Metropolitan Pier and Exposition Authority will draw from a state backup pledge and $30 million of state subsidies as it emerges from the pandemic.

As most participants await Friday's jobs report, the municipal market Thursday sustained a firm tone as rates remained on a gradual path of decline.

A return to the local court remains possible.

If Congress does not act on the island’s Medicaid funding by the end of September, the funding shortfall would force officials to drop an estimated 800,000 people from the rolls.

A total of $14.8 billion of par has been wrapped by bond insurance through May of this year, compared to $9.76 billion through the end of May 2020.

The dealer group's concern is on the treatment of institutional SMMPs under the suitability standard.

Kestrel Verifiers has certified as green a tranche of bonds that will finance the ethanol plant in California's economically challenged Imperial Valley.

Kentucky has one of the poorest funded pension systems among all U.S. states.

Mayor Lori Lightfoot says she will keep fighting to reshape the legislation the state Senate approved this week to transition to a fully elected school board.

Court gives Senate president short deadline to respond to legal inquiries and experts do not see a strong case.

ICI's report marks the 12th consecutive week of inflows bringing the total for 2021 to more than $40 billion. Lower- and non-rated deals saw 20 to 30 basis point bumps in repricings as any paper with yield is massively oversubscribed.

The authority will scoop-and-toss some near-term debt to avoid a shortfall that would force Chicago to dig into its own pockets to cover a hotel tax shortfall.

Texas is enjoying record revenues amid continuing uncertainty stemming from the pandemic, Glenn Hegar told The Bond Buyer Texas Public Finance Conference.

GASB has not had an academic on its board since June of last year when Professor Michael H. Granof of the University of Texas ended his second term.

The state's record-high budget includes relief from the federal American Rescue Plan Act.

S&P Global Ratings has fewer universities and colleges with negative outlooks since the beginning of the year.

Forecasters at the National Oceanic and Atmospheric Administration’s Climate Prediction Center predict a 60% chance of an above-normal season.

The state's general obligation bonds are rated triple-A by Moody's, S&P and Fitch.

A bill would authorize its capital city to issue up to $850 million in pension obligation bonds if it can get a true interest cost of 3.5% or less.