Bonds

Research shows that financing sport facilities with public debt often doesn't pay off, the Tax Foundation says.

"The sheer magnitude" of this redevelopment project presented a challenge, but it stands a chance of succeeding where previous efforts have fallen short, Clay County Commissioner Scott Wagner said.

Two former Congressional staffers offered insight into how the debate may play out, but said the industry needs to be vocal and educate lawmakers how bonds help their district.

Jason Akers, partner at Foley & Judell, vows to fight to keep the municpial bond tax-exemption in his new role.

When Ohio's Community Memorial Hospital shuttered on Aug. 31, it became the latest small-town Midwest hospital to hit insurmountable financial troubles.

Charter school bond issuance have leveled off as issuers consider labels and alternative structures.

As governor of Minnesota, Tim Walz has proposed some sweeping investments, including a $3.3 billion bonding bill that was the largest in the state's history.

The bankruptcy saga of Mercy Hospital continues, with trustee Computershare Trust filing a notice about the distribution of cash to bondholders.

North Dakota's Bismarck State College returned to the market, pricing $30 million of bonds, with proceeds used to finance the construction of an 80,000-square-foot athletic center.

Chicago Transit Authority CFO and Treasurer Jeremy Fine is leaving the agency, CTA President Dorval Carter, Jr., announced.

Missouri this month kicked off construction on a major expansion of Interstate 70, financed with a mix of bonds, general revenue funds and some federal funding.

The issuance is expected to generate strong interest in D.C., Virginia, and Maryland.

Nebraska Gov. Jim Pillen called a special legislative session for July 25 so lawmakers can consider his plan for property tax reform after his April attempt fell short.

With a tax battle looming, the chair of the powerful committee will guide tax policy.

The median time for issuers in all municipal bond sectors to produce audited financials rose nearly 10.5% from 2011 to 2022, according to a new report.

The Cleveland Browns recently met with state legislators in Ohio to discuss public funding for plans including a new $2.4 billion domed stadium in a suburb.

Taxable munis have returned 1.48% month to date and 0.29% year-to-date while investment-grade munis have seen 0.44% returns so far in March and 0.05% year-to-date. USTs are in the black at 1.43% so far this month but returning -1.76% year-to-date while corporate bonds are returning 1.24% in March but -0.46% year-to-date.

The nation's capital is a hub of potential sports facility financing.

PureCycle Technologies announced that its Ohio subsidiary agreed to buy out the holders of $219.55 million of outstanding tax-exempt private activity bonds.