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The city's inability to get approval for bonds that would fund operating expenses has forced the mayor to propose deep budget cuts for the coming fiscal year.

A finance committee vote teed up a debate by the full Chicago City Council Wednesday on whether to require more aldermen votes for new borrowing.

In an unusually competitive election season in the GOP dominated Lone Star State, candidate platforms include moves that could impact state and local finances.

Daily report for September 22, 2026

Bondholders agreed to extend the lender longstop date, giving developers more time to test the LAX SkyLink project and avoiding an imminent technical default.

The long end of the curve has stabilized at very attractive yields, according to CreditSights' Pat Luby, inviting insurance companies and banks into the negotiated market.

"The regulatory environment has become increasingly complex and overwhelming for smaller firms," said Sycamore Advisors LLC president Diana Hamilton.

U.S. Secretary of Transportation Sean Duffy says the loan will allow the long-sought bridge and Bayway project to be built.

Data centers are expected to produce $1.3 billion in tax revenue for Loudoun County this year, but opponents say the exemptions are costing much more than the property taxes they are generating. 

New Jersey's Transportation Trust Fund Authority, once in a "spiral of debt," is now fiscally stable. Its most recent bond deal offered investors attractive yields.

Daily report for September 21, 2026

Federal Reserve guidance will likely continue to support the long end, MMD's Kevin McGuigan said, but "investors need to be cautious about extending duration right now, given that a lot of the pressure on the long end has been the result of supply concerns."

With the effects of added Medicaid requirement looming next year, some states are already seeing stress cracks in their reserve fund balances and revenue levels.

Burton brings 35 years of municipal sales experience, most recently at Cantor Fitzgerald.

Healthcare providers will receive nearly $12 billion in funding in fiscal 2027 with federal approval of the state's Medicaid directed payment programs.

Since 2021, 223 mutual fund-to-ETF conversions have been completed, including 24 involving munis, according to Morningstar data.

With more than 25 years in executive leadership in Texas public education, Rees will develop bond underwriting opportunities in the state, a Stephens statement said.

The rising cost of living, demographics, and growing utility demands are reshaping the credit profiles of municipal issuers and public utilities for the worse.

Transit systems have to adjust to a new ridership reality, but some have reoriented service and prevented operating challenges from becoming credit problems.