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Illinois trimmed yield penalties in its latest sales tax-backed sale with spreads of 40 and 45 basis points on its 10-year compared to 89 bp three years ago.

The pluses and minuses of breaking up the 70-year-old Santa Monica-Malibu Unified School District will be weighed during a public hearing Saturday.

Friendly market provisions, including a direct-pay bond program and restoration of advance refundings, will head to full House after approval by Ways and Means Committee.

Daily report for September 16, 2021

Chicago Mayor Lori Lightfoot chose San Antonio schools superintendent and former CPS CFO Pedro Martinez to lead the district ahead of a major governance shift.

While falling to the lowest amount of inflows since June 2, the total for the year according to ICI at $72 billion, is still on pace to come close to or break the record, $93.2 billion, hit in 2019.

Ridership on the RTA's three service boards remains sharply below pre-pandemic levels but it benefits from coronavirus relief and stellar sales tax performance.

Convention centers and hotels suffered another steep drop in business revenue in 2021, a survey shows.

Judge Swain rejected the governor's request to stay the board's suit until November.

The “tool kit” legislation expands powers of the Local Government Commission, including a last-resort legal process for voluntary or involuntary dissolution.

Massive market returns coupled with rising contribution rates, led by worst-funded states like Illinois and New Jersey, boosted state retirement systems.

SEC Chairman Gary Gensler signaled he wants to bring greater efficiency and transparency to municipal bond market

The pandemic is changing the game for performance management. It's time to evolve the financial services model.

He made his announcement at an under-construction elementary school to underscore a $250 million construction bond he championed.

Daily report for September 15, 2021

Large new issues from California, New York utilities and airport deals were repriced to lower yields and remained the focus for the municipal market, again ignoring a swing by U.S. Treasuries.

Moody's says Guam needs to be ready to respond to shortfalls.

Legislation backed by Illinois Gov. J.B. Pritzker gives two municipally owned coal plants more time to cut carbon emissions but they still face closure in 2045.

The proposed changes would reduce the volume of disclosures dealers have to make to customers each year.

SALT relief was not part of the initial language in the reconciliation bill, but several moderate Democrats say they won't support the legislation without it.