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The state comptroller forecasts a $23.8 billion budget balance at the start of fiscal 2026-27, down from a record $39.4 billion for fiscal 2024-25.
January 14
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Wish lists for new or improved professional sports venues are piling up with Oklahoma City poised to vet financing proposals for a downtown basketball arena.
January 14
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Williams, a former salesman and founder of A. H. Williams & Co., became a "giant" in the Pennsylvania muni world through relationships built on trust.
January 13
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The muni market also faces an elevated new-issue calendar, which may put additional pressure on muni yields. Bond Buyer 30-day visible supply sits at $17.57 billion.
January 13
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The Florida-based mining company failed to make $10 million in principal and interest payments due on Jan. 1. Florida had the largest number of defaults in 2024 at nine, per Municipal Market Analytics, Inc.
January 13
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"It is the first step but that doesn't mean there's a second step," said John Bagley, the MSRB's chief market structure officer.
January 13
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The DOT is closing out the Biden Administration by announcing billions of dollars of infrastructure spending in rail, public transportation, and electric vehicle charging stations.
January 13
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Tom Greene is retiring after 10 years at Wintrust Wealth Management. He left retirement to work for Wintrust; he also spent 40 years at William Blair and Co.
January 13
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The legislative reconciliation process will move fast and cutting the budget is in vogue. As such, we must recalibrate our goals as an industry to reflect the new political paradigm.
January 13
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The billion-dollar deal will be the first bonds backed by the tax since it was created in 2019.
January 13
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Gov. Gavin Newsom's proposed $322.2 billion budget includes a $228.9 billion general fund, $16.9 billion in reserves and no plans to raise taxes.
January 10
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"'The market environment will likely become a bit more difficult in the coming week, as supply will jump to its highest level in weeks, while dealers are heavier than average," said Mikhail Foux, head of municipal research and strategy at Barclays.
January 10
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The management team sees opportunity in pockets that other investors avoid, like American Dream, Midwestern private colleges and senior living facilities.
January 10
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The rating agency said the district's strong management helped boost its ratings ahead of an $806 million bond issuance slated for Jan. 22.
January 10
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Wiles retired from Los Angeles County at year-end but will still influence the industry as a member of the Municipal Securities Rulemaking Board.
January 10
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Analysts cited growth in the county's reserves, conservative budgeting and strong sales tax revenue as the county prepares to sell GO bonds.
January 9
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Sizable deals for next week include $1.3 billion of real estate transfer tax revenue bonds from the Triborough Bridge and Tunnel Authority and $996.335 million of second series revenue bonds from the San Francisco International Airport.
January 9
