Economy

"They're totally more vulnerable," Michael Sudsina, president and CEO of Ohio-based municipal advisory firm Sudsina & Associates, LLC, said.

Two hospital deals were among the first to price Monday, including $1.317 billion for Henry Ford Health and $1.118 billion of bonds for Intermountain Health.

Fitch Ratings raised the outlook on two series of sales tax revenue bonds structured as a TIFIA loan.

More than 30 municipal water systems in Minnesota — and more in other states — were hit by a coordinated cyberattack last week that spurred an FBI alert.

Fitch cited very strong revenue defensibility and the expectation the utility's finacial profile and performance will improve.

Leverage issues led to Fitch lowering the outlook on the AA-minus-rated bonds.

The California High-Speed Rail Authority and the High Desert Corridor Joint Powers Agency will cooperate, notably on the station where they plan to connect.

New leadership and private capital are part of the strategy to push the high-speed rail project to its overdue completion.

S&P said its earlier rating had its origin in an incorrect methodology.

Florida counties are facing off against a PACE bond-issuing agency over whether they must collect taxes that would back up to $5 billion in approved bonds.

"This is very good news for bankers because this value is portable," said study author Natasha Boreyko.

The U.S. Department of Housing and Urban Development is suspending between $1 billion and $2 billion of aid approved.

The Texas city's $943.9 million airport revenue bond issue will provide long-term financing for an expansion plan and refund some outstanding debt.

The deal funds the municipalization of a private water utility that had been controlled by investor-owned utility Eversource.

Advocates in Congress are now looking at the possibilities for the Modernizing Agricultural and Manufacturing Bonds Act offered by a third reconciliation bill, a lame duck session, or Trump-propelled legislation early next year.

Tracking with the larger U.S. managed lane sector, the company enjoyed strong growth in its North American market.

If a fix is not found, the fate of the Highway Trust Fund will get caught up in insolvency debates, said Eno Center for Transportation.

The committee's focus will be quickly devise means to address the Water and Power Authority's long-term obligations.

S&P cited the county's limited flexibility to set its rates and escalating capital investment needs. 

Local governments are considering data center moratoriums to give themselves time to determine how to better regulate these facilities and understand their impact on communities.