Subject Root Tag

A continuing resolution that included federal funding for the repair of the Key Bridge in Baltimore and transferring the RFK stadium site to the city of Washington collapsed under pressure.

The NFMA has floated best disclosure practices for public power agencies that ask for more data on climate and resiliency goals.

A spike in inflationary costs means a tough road ahead for Washington lawmakers as they take up the budget in the new year.

Daily report for December 18, 2024

Ohio legislators plan to vote Wednesday on a resolution that would put a $2.5 billion general obligation bond measure on statewide ballots May 6.

Analysts warn the many one-time measures in the budget Mayor Brandon Johnson narrowly got through City Council will make the 2026 budget even harder.

With investors now anticipating Wednesday's expected rate cut may be the last one for a while, "an overall bullish paradigm has been seriously weakened," noted Matt Fabian, a partner at Municipal Market Analytics, Inc.

The Metropolitan Transportation Authority's finance committee approved $9 billion of bonds, some backed by new revenue sources.

Voters in November approved measures to split the Alpine School District, which has more than $500 million of outstanding bonds, into three systems.

Concerns are rising as the Congressional Budget Office has issued a report laying out the benefits of eliminating tax-exempt qualified private activity bonds.

The continuing resolution through mid-March is expected to include $$90 billion in disaster funding.

A week ahead of inauguration day, Scott Colbert, executive vice president, director of fixed income and chief economist at Commerce Trust, takes a look at how the Federal Reserve and the economy will fare in President-elect Donald Trump's second run in the White House.

Analysts are confident the Fed will lower rates at this week's meeting, but their views on what next year holds don't share the same consensus.

Justices appeared open to narrowing the scope of federal environmental impact reviews during oral arguments on a bond-financed Utah railway to move crude oil.

Daily report for December 17, 2024

As investors start shutting down for the year, there may be some mixed sessions ahead "especially for any accounts that find themselves as forced sellers," Birch Creek Capital said.

While tax and bond measures fared well in California's November election, reformers are taking aim at the state's slow certification process.

The county commission, which sued Oklahoma City in June over its denial of permit for the jail site, is pursuing a possible settlement.

Federal funds flowing from the American Rescue Plan Act must be obligated by Dec. 31 as the threat of a clawback looms as a possibility.

Overall state and local government credit conditions will remain neutral, Fitch Ratings says, though some storm clouds may be on the horizon.