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On the state P3 front, PennDOT aims to complete a review of a proposed $5 billion toll lane project next year.
June 10
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Ohio Dominican University became the latest Midwest private religious college to run into financial trouble after it missed a bond payment.
June 10
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Volume was robust last week, with a nearly $20 billion new-issue calendar, and while supply dips to $13 billion this week, it will end up higher thanks to four sizable prepay energy deals that priced on Monday and Tuesday.
June 9
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Four deals were on the day-to-day calendar, "playing it close to the vest, and all of a sudden, boom, they all get done," said Pat Luby, head of municipal strategy at CreditSights.
June 9
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A proposed $3 billion sports and entertainment district would involve bond issuance for a Dallas Stars hockey arena and public infrastructure.
June 9
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Muni bond issuers cut their median audit times from 2023 to 2024, with issuers in all governmental bond and most revenue bond sectors reducing audit timelines.
June 9
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Republican Spencer Pratt's second-place election-night figures have dropped behind those of City Councilwoman Nithya Raman as more votes are counted in L.A.
June 9
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While the city projects a water emergency, capital costs in the state's latest water plan skyrocket and demand exceeds capacity in a state financing program.
June 9
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Issuance continues to drive performance in the muni market. Despite Friday's run-up in USTs, muni yields adjusted "less dramatically," said Ajay Thomas, head of public finance at FHN Financial.
June 8
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"I would say we were pleasantly surprised that there aren't mandates that are laced in this proposal," GFOA's Emily Brock said.
June 8
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Illinois Comptroller Susana Mendoza announced her candidacy for mayor of Chicago last week, pledging "to respect the taxpayer dollar and stretch its value."
June 8
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The developer faces no penalties from the missed interest payment.
June 8
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The House Appropriations Committee approved the fiscal year 2027 Transportation, Housing and Urban Development and Related Agencies last week by a vote of 34 to 27.
June 8
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The $1.2 billion deal, issued by the California Community Choice Financing Authority and underwritten by Goldman Sachs, saw Alphabet as its funding recipient.
June 8
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While muni primary supply falls this week, it is still robust. Issuance is an estimated $11.541 billion this week, with $8.501 billion of negotiated deals on tap, according to LSEG.
June 8
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In need of revenue, some state legislatures are turning to their wealthiest residents for additional monies.
June 8
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The muni market's strong performance in May and so far in June has been in line with historical trends, Mikhail Foux wrote for Barclays — but historical trends suggest the market will lose steam soon as supply builds.
June 5
