Subject Root Tag

Well-known municipal restructuring and P3 attorney Karol Denniston, the Global Projects Partner at Squire Patton Boggs, talks with infrastructure reporter Caitlin Devitt about the growing popularity of predevelopment agreements as well as the P3 pipeline and legal challenges like the University of Iowa's litigation over its 50-year energy concession. (38 minutes)

First quarter revenues were 20.4% higher than Oversight Board forecasts.

Daily report for November 21, 2023

Furloughs at an EV plant in Georgia are one of several indicators of cooling growth in the electric vehicle sector.

The rally in munis over the last three weeks has "pushed ratios to levels that we have not seen since the start of the year," said Jason Wong, vice president of municipals at AmeriVet Securities.

Tradeweb created a model that examines outstanding municipal securities, both tax-exempts and taxables, and it looks for similarities in bond features, such as maturities, call dates, use of proceeds and coupon structures.

The IRS concluded the examination of an advance refunding of capital improvement funds with no change to the bonds' tax-exempt status.

Florida outpaced the national average in overall labor force gains last month while the state's 2.8% unemployment rate was lower than the nation's 3.9% in October.

Recommendations from an actuary on the city's police and fire pensions come amid a rising unfunded liability and uncertainty over the use of pension bonds.

The retirement proposal also attempts to clarify the definition of riskless transactions, which are common in the muni market.

The Port Authority's proposed 2024 budget of $9.3 billion includes capital spending of $3.6 billion, above levels set pre-pandemic for the first time.

Daily report for November 20, 2023

BofA Global Research strategists said they believe peak muni yields in this Fed tightening cycle were attained in October 2023 and "the bull market for munis is underway." 

The municipal dashboard solves three challenges: bond linkage, pricing and spread aggregation.

The process of turning the data into a usable form takes time and can be compounded by the difficulty of extracting what data there is and the format used by issuers in documents, like official statements, disclosures and other financials.

The Bay Area Rapid Transit was highlighted in the report on agencies still struggling.

The projects range from airports to ports and transit-oriented development.

Without a lot of additional state and federal aid, New York City is forecasting it will spend about $12 billion in costs related to the influx of migrants to the city in fiscal years 2023, 2024 and 2025.

Bennett joins the university as associate vice president of finance under CFO Ivan Samstein, former Cook County CFO.

Mayor Eric Adams says the city has a safe and effective way to use artificial intelligence throughout municipal government while protecting against the risks.