Economy

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.

The NJTA is planning to sell three series of revenue bonds Series 2026 A-1 ($570 million), Series 2026 A-2 ($150 million) and Series 2026B ($339.5 million), which received an A1 rating from Moody's. 

The Ways and Means Committee passed the reporting bill last week along party lines.

The MBTA may be moving past its days of literal train wrecks, but creating a better system is costly.

The nation's two largest crude oil producing states are reporting revenue increases in the wake of the Iran conflict, which began Feb. 28.

The modern bond market is no longer defined by dealers and asset managers alone.

The veteran banker joins Cabrera at a time when the bank has been rising in the lead manager rankings.

The potential timing for a water supply emergency, which had been projected for December, was pushed nine months into the future with the help of rainfall.

Squire Patton Boggs alum Sarah Vilms will advocate for large public power providers in D.C. at a time when the demand for electricity is skyrocketing.

"The upgrade recognizes two important factors: the strong operating performance of Vogtle Units 3 and 4 since entering commercial service and the strength of the project's contractual framework," said Ernest Libershteyn, MEAG director of finance and treasury.