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The RTA and its service boards are eyeing funding sources to avoid damaging service cuts and fare hikes as they exhaust federal COVID-19 pandemic relief.

After big oil hiked gas prices and made record profits, Gov. Newsom convened a special session of the Legislature and called for a price-gouging penalty on oil companies.

Stratton Law Firm is working on a couple of high-profile municipal bond deals in Tempe and Mesa.

It's not just the "right" thing to do; it's good for business, say the Freda Johnson Award winners, Massachusetts Treasurer Deborah Goldberg and Ballard Spahr's Emilie Ninan. They discuss how diversifying the industry is key to growth and success. Lynne Funk hosts. 

Daily report for December 06, 2022

The trustee for $800 million of PILOT bonds for the New Jersey shopping complex said the mall's owners were $2.6 million short for a Dec. 1 payment.

"Munis are poised to continue this rally into December as we can end 2022 on a high note and close out the worst-performing year on record for munis," said Jason Wong, vice president of municipals at AmeriVet Securities.

Advocate Aurora Health and Atrium Health finalized their merger Friday.

City officials discovered last week that an explanatory sentence required by state statute was left off the ballot. No bonds can be issued until the matter is rectified.

Texas trails only Florida for first-time payment defaults on bonds issued for senior health and living facilities for seniors since 2009, according to MMA data.

Entering into long-term leases for toll lanes in urban areas would free up transportation dollars for rural areas, said Gov. Bill Lee.

Daily report for December 05, 2022

Investors will be greeted Monday with a new-issue calendar estimated at $5.893 billion.

Projected available capacity for the Permanent School Fund's bond guarantee program fell to $653 million at the end of October from $3.52 billion the previous month.

Their support of a plan of adjustment could be key to winning approval from Bankruptcy Judge Swain.

"The MTA's structural gaps remain huge and demand immediate action and a multi-party, multi-year plan" says Citizens Budget Commission President Andrew Rein.

The ruling marks the first major defeat for OTA in lawsuits seeking to derail its plan for a $5 billion, bond-financed extension project.

The spiderweb of funding sources for natural disaster recovery makes it hard to track the actual costs to state and local government of fighting wildfires.

Hospital fiscal wounds have mounted this year and the balance sheet damage is expected to extend into 2023 as labor pressures show little sign of easing.

The industry's biggest lobbying group also said it sees continued threats from regulation.