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Brad Briner said the state may need to issue short-term debt in the near future to pay for Hurricane Helene expenses.

Pressing issues include market reactions to a second Trump administration, increased oversight from the Securities and Exchange Commission and more.

Daily report for December 12, 2024

Municipal investors are more focused on the final new-issues coming down the pike and repositioning books as 2024 heads to a close. ICI reported another week of inflows into municipal bond mutual funds.

Operator ports, which rely on shipping volume for revenue, are more exposed to trade policy shifts than landlord ports, analysts said.

The lowest-rated municipalities in the state are benefitting the most from current economic tailwinds, Moody's reports.

Washington D.C. is lobbying Congress for an extra $47 million in expenses for the upcoming inauguration of President Trump while also raising concerns about the effects of debt ceiling squabbles on the city's credit rating.

Wednesday marks the 10-year anniversary of Detroit's exit from bankruptcy. Its Chapter 9 declaration in 2013 was the largest municipal bankruptcy in the U.S.

The top five bond financings came in above $5 billion.

Daily report for December 11, 2024

Suffolk's improved finances won the county its third rating upgrade this year.

"With strong demand, rate cuts and favorable technicals, the muni market — outside of an unexpected shock — is set up to perform well over the next couple of months," said Daryl Clements, a municipal portfolio manager at AllianceBernstein.

California's high-speed train has become one of the nation's most politicized infrastructure projects.

Calling it a "tragedy" for residents, without a negotiated setllement resolution could be years away, mediators said.

Political change in Washington and the looming budget battle is raising anxiety in state legislatures.

The rating agency cited an easing of the state's fiscal challenges for lifting the outlook on the state's Aa2 rating to stable from negative.

Bond Buyer senior reporter Keeley Webster hosted a wide-ranging discussion on the state's fall bond slate, housing, and second-term priorities with California Treasurer Fiona Ma and Deputy Treasurer of Public Finance John Sheldon.

A circuit court judge earlier this year struck down the law prohibiting state and local government contracts with firms "boycotting" the fossil fuel industry.

As stadium and arena deals grow in complexity and expense, the capital stack often includes a combination of public and private money along with revenue generated by the facilities.

Firms including PNC, FHN and Texas Capital are hiring to build their public finance teams and increase their presence across the country.