Climate change

Oppenheimer's Head of Public Finance Beth Coolidge and Columbus Auditor Megan Kilgore delve into the future of public finance and human infrastructure on a wide range of topics, from affordable housing and workforce development to public health, climate resiliency, and digital access.

In the long run, Helene and Milton may further drive already rising property insurance costs, while in the short-term S&P placed three utilities on CreditWatch.

Local governments that were in Hurricane Milton's path, however, will face significant credit challenges, Moody's said.

MMA says some risky-sector issuers in the area hit hard by the hurricane may be pushed into technical or payment defaults.

Florida's catastrophe fund will weather the storm and shouldn't need reinforcements yet. Two Florida-related sales are still expected next week.

The study also projected a $1.475 trillion loss to productive infrastructure by 2050.

The ratio of local government municipal debt to GDP in aggregate has fallen to around 10% from 20% in 2010.

California and Texas have received the most amount of federal investment to date, according to a pair of reports tracking the climate law's investments.

As extreme weather events occur with more frequency across the country, Michael Gaughan, executive director of the Vermont Bond Bank, says municipal bond banks can help smaller communities deal with the effects of them. Gaughan speaks with The Bond Buyer's Lynne Funk on the effects of climate change and how the various levels of government can work together to address it.

Clyde, Texas, missed payments on certificates of participation due Aug. 1, the same day it declared a water emergency. Bond insurers are paying the holders.