Special Program Root Tag

States may need to look to Florida's catastrophe fund example as extreme weather increases, FEMA denies more requests and insurance becomes unprofitable in much of the Midwest.

Issuers and development advocates urged lawmakers to include advance refunding, the expansion of opportunity zones, and other muni prorities in any upcoming tax package.

The newcomers, Greenberg Traurig, Bryant Rabbino and Ballard Spahr, knocked Bracewell, Nixon Peabody and Gilmore & Bell, out of the top 10.

Concerns have been raised about audits related to nearly $2.9 billion of ratepayer-backed bonds sold for Oklahoma utilities in 2022.

With joint proposed rulemaking details unavailable and bond issuance growing, these are top issues experts need to know.

The city will return to the market two weeks after closing its Transitional Finance Authority's biggest-ever deal.

The city announced its P3 partner this week even after its federal funding got cut in committee and Rep. Maxine Waters took a strong oppositional position.

Municipal bond insurance grew 24.4% in the first half, compared to the same period last year.

The top 5 competitive underwriters remained in the same ranking positions as 1H 2023, while there was some shuffling with the remaining in the Top 10.

Challenges to laws banning investment banks from underwriting municipal bonds and the targeting of other financial firms for divestment purposes may result from a recent Oklahoma ruling.

Kaufman Hall & Associates, Caine Mitter & Associates, KNN Public Finance entered the Top 10, while CSG Advisors, Estrada Hinojosa and Columbia Capital Management were bumped.

Revenue from the sales tax could be used to issue long-term debt to reduce the extensive backlog of city projects.

Vance has called for eliminating the SALT deduction, calling it "massively redistributive toward the lower- and middle-income brackets."

Half of the top 10 issuers are from New York, California issuers hold two spots on the list.

Raymond James was the sole new entrant in the Top 10, knocking out Citi — which formally exited the muni market by the end of Q1 2024.

North Dakota's Bismarck State College returned to the market, pricing $30 million of bonds, with proceeds used to finance the construction of an 80,000-square-foot athletic center.

In Texas, the Austin City Council set a climate bond election for no later than November 2026, while an Arizona water authority is dealing with a funding drought.

"Lobbyists have to be prepared for any eventuality," said Chuck Samuels, attorney at Mintz Levin and counsel to the National Association of Health & Educational Facilities Finance Authorities.

One-time spending, rainy-day funds and fare hikes are forming a rickety bridge for crossing the transit funding ravine.