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Joe Biden's comments about splitting up Build Back Better into separate bills represents a new opportunity for muni advocates to push for the inclusion of key priorities.
January 20
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The budget proposal reflects the state’s improving financial position, due in part to aid from the federal government.
January 20
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Groups believe that the draft compliance resources contain some useful information, though they could be construed as creating new compliance requirements.
January 20
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“To date, there haven’t been any rating actions taken as a result of the drought,” said Fitch's Audra Dickinson. “But it could pressure issuers acutely."
January 20
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The Investment Company Institute reported a large drop of inflows into municipal bond mutual funds at $142 million in the week ending Jan. 12, down from $1.413 billion in the previous week.
January 19
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Participants note there is a long road to sustainable recovery for the island that is dependent on the local government keeping its spending in check.
January 19
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Skokie held on to its double-A tier ratings as it preps a pension obligation bond issue to bring its public safety pension funding ratios to 90%.
January 19
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Supporters of a ballot measure for projects to increase California’s water supply put out a call for donations to help get the measure on the 2022 ballot.
January 19
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The Municipal Securities Rulemaking Board has launched its“innovation sandbox” which intends to enhance the use of data already available through EMMA.
January 19
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Cities led the American recovery last year, Yellen told mayors at the U.S. Conference of Mayors winter meeting.
January 19
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Glenn Youngkin outlined his administration's priorities in Virginia; West Virginia Gov. Jim Justice unveiled a slightly larger budget plan for fiscal 2023.
January 19
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- Other Legal Notices
NOTICE IS HEREBY GIVEN that there have been deposited with U.S. Bank National Association, as Trustee under the State Personal Income Tax Revenue Bonds (General Purpose) General Bond Resolution, adopted by the Dormitory Authority of the State of New York (the “Authority”) on April 29, 2009, as supplemented (the “PIT Bond Resolution”), monies for the purpose of defeasing a portion of certain maturities of the Authority’s State Personal Income Tax Revenue Bonds (General Purpose Series 2017A, as described below (the “Defeased Bonds”)
January 19 -
After more than four years of intense negotiations between many stakeholders, the Oversight Board's Plan of Adjustment gets the OK from Judge Laura Taylor Swain, moving the commonwealth closer to emerging from bankruptcy.
January 18
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The 2-, 5- and 10-year UST is higher than before the pandemic began as investors factor in a rate hike as soon as March.
January 18
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If Congress opts for a continuing resolution instead of a full-year appropriation, transportation lobbyists said they would ask for an exception so that IIJA funds can begin to flow.
January 18
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To become law, the bill would have to pass the House of Representatives and Senate, gain the governor's signature, and avoid potential blocks by the Puerto Rico Oversight Board and lawsuits.
January 18
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The Department of the Treasury’s warning letter to Arizona may be a warning to all states who defy the Biden Administration’s rules related to ARPA funding, but disclosure related to clawbacks could be a problem for muni issuers.
January 18
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