Economy

The bonds for IndyGo are secured by a .25% local income tax approved by Marion County voters two years ago.

Under the mPower program, loans for energy retrofits are bundled into a revenue stream to back structured bonds sponsored by Placer Co., Calif. The program’s goal is in the spirit of energy efficiency and environmental sensitivity – a well-established policy in the state. Jenine Windeshausen, the county's Treasurer-Tax Collector and the county’s municipal advisor Kenneth Dieker of Del Rio Advisors review the program. John Hallacy is host.

Laws forcing the Miami-Dade County Expressway Authority to reduce tolls limit the agency's access to the bond market, its officials say.

The Treasury Department Inspector General for Tax Administration plans to audit the IRS' use of a much-feared enforcement tool under which it can impose penalties for the misconduct of municipal bond transaction participants such as underwriters, lawyers, municipal advisors or their firms.

Patrick McCarthy, Moira Baldwin and Ian Spier join Wells Fargo’s public finance team.

The NYC comptroller’s report shows 80% of certified MWBE firms are still not receiving any business from the city.

The Port of Corpus Christi will team up with the Carlyle Group to finance a $1.2 billion oil export terminal designed to enhance the port's ranking as the top energy exporting hub.

Moody's Investors Service upgraded LAX ahead of the deal, bringing the subordinate bonds to the AA-minus level across the board.

After recession-driven trouble, the authority's reserve is more than $300 million, said Donna Manuelli, its chief financial officer.

The defense team accused the SEC of a "gross abuse of power."

In addition to the local bond measures, voters will also decide seven governor's races and a Missouri fuel tax.

John Barton, national Department of Transportation sector leader at HNTB, discusses how President Donald Trump’s steel tariff policy is slowing down transportation construction projects and why there has been lack of progress from the White House on a promised infrastructure bill. Andrew Coen hosts.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.8% annual gain in August, down from 6.0% in July.

Moody's Investors Service cut the outlook for the system, already rated at junk Ba1.

Mayor Kevin Faulconer announced plans to form a joint-powers authority to provide electricity

The number of MSRB-registered dealers has fallen by almost one-third since 2009 and FINRA and the MSRB have some concerns about it.

Write-downs on two major U.S. public-private partnerships led to the company decision, Skanska’s president said.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported slower growth in October, with tariffs causing supply issues.

Pending home sales climbed 0.5% to an index reading of 104.6 in September, after a revised 1.9% fall to 104.1 in August.

Sergio Marxuach and other officials of the nonpartisan, San Juan-based Center for a New Economy said federal spending on disaster recovery has been slower than in other areas also struck by hurricanes in 2017.