Bonds

Chicago will host its annual investor conference on Thursday as Mayor Brandon Johnson's administration faces challenges including a $1.12 billion deficit.

Chicago released a request for qualifications for underwriting services on April 30, seeking to form new pools from which to choose firms to handle their bond sales.

The mayor of Washington and the managing partner of the Washington Commanders laid out a plan for bringing a $3.7 billion stadium to the city via a mixed use development financed by a combination of private and public money.

The new continuing resolution passed in the House omits key language that allows Washington to implement its approved budget, which is threatening to cancel planned capital projects.

Moody's Ratings has placed Washington D.C.'s credit rating on review for a possible downgrade for all debt classes due to the Trump administration's cuts to the federal workforce.

Glenn Lee is warning the city government of a $21.6 million drop in year-to -date collections and a grim financial forecast of years to come due to falling employment levels.

Midwest bond sale volume peaked in the third quarter of 2024.

Washington's threats to state and local government funding took center stage when Illinois Gov. JB Pritzker delivered his seventh budget.

Former Women in Public Finance President, Illinois Finance Authority general counsel and Katten Muchin Rosenman partner Elizabeth Weber "was a class act all the way."

Washington, D.C., Mayor Muriel Bowser declined to rule out tapping public money to renovate RFK Stadium to lure the NFL's Washington Commanders back to the city, though Council members are divided on the plan.

With questions and analysis still swirling around a deadly crash at Ronald Reagan Washington National Airport, concerns arise about enplanement levels, traffic patterns, and credit ratings affecting the region's major airports.

Huntington has hired Dan Kelly as head of municipal underwriting. The industry veteran will bolster the bank's strategy of pursuing larger transactions.

Both houses of the Virginia state government have advanced budget bills that include rebates to taxpayers from surpluses fattened by federal funding and robust tax collections, a trend that concerns policy experts.

Detroit Public Schools Community District has taken the state Treasury Department to court over its ability to use operating tax revenue to pay down bonds.

The lobby trying to protect the tax exemption is working overtime as the threat appears very real.

Chicago plans to sell roughly $830 million of general obligation bonds to finance its 2024-28 capital improvement plan, according to the city's finance team.

The Maryland Department of Transportation moves to shore up its debt service while funding bridge repairs, airport modernization, and rail improvements with a $21.2 billion budget commitment.

As the Trump administration fills out it cabinet positions, advocates for housing affordability are feeling hopeful but cautious.

Ohio is facing steeper than projected declines in cigarette smoking, and thus in tobacco settlement revenues, and disputes from tobacco giants over payments.

The DOT is closing out the Biden Administration by announcing billions of dollars of infrastructure spending in rail, public transportation, and electric vehicle charging stations.