General obligation bonds

The second largest Texas city could be headed to a trifecta of triple-A ratings after Fitch revised the outlook on the city's AA-plus rating to positive.

State agencies expect to issue about $14.42 billion of debt during the fiscal year that began Sept. 1.

The highly-rated city wants to pursue general obligation bond programs every five years to fund capital projects for its growing population.

The Internal Revenue Service has closed its examination of Burlington's taxable Qualified School Construction Bonds with no change after requesting a use of proceeds earlier this year

A study commissioned by Orem, Utah, found that creating a school district within the city's boundaries is feasible.

Proceeds from the sale of the $406 million of general obligation bonds will fund infrastructure projects including roads, parks and recreational facilities.

San Antonio and Fort Worth voters approved bonds, while a few school districts stumbled, particularly with projects unrelated to academics.

Goldman Sachs has joined three other top bond underwriters that haven't done Texas deals under a state law targeting firms with perceived anti-gun policies.

While June was lower than 2020 in par, pandemic-related factors skewed last year's issuance totals, making the $42 billion issued this month high on a historical basis. Outside factors, such as federal aid and potential infrastructure plans, may affect issuance going forward.

The municipal market can best be described as a "Goldilocks market" due to accommodative federal monetary policy, strong demand and limited supply, bond director Ben Watkins told the Cabinet.

In unofficial election results, four Virginia cities appear to have won approval to open the state's first casinos; a dozen bond referendums won tentative approval.

Bryant Miller Olive PA has practiced public finance and governmental law across the Sunshine State and the Southeast for five decades.

With its credit ratings intact after the economic blow from the pandemic, Dallas will go to market with $293 million of bonds.

Bond restructurings are expected to save Virginia's public colleges and universities $300 million by deferring debt service payments for two years.

The $1.13 billion competitive deal obtained Georgia's lowest combined interest rate ever, state officials said.

Gilt-edged Georgia boosted the amount of its borrowing this year to support the state's economy amid the COVID-19 pandemic, state official say.

Minority and women-owned business enterprises will now comprise 33% of city GO bond and Transitional Finance Authority book-runners and 40% for New York Water.

The revenue forecast for Virginia’s new spending plan is expected to be revised due to economic impacts caused by the pandemic.

The study provides the first rigorous quantitative evidence supporting the widely held belief that the municipal bond industry benefits from the classification.

The city will ask the Louisiana State Bond Commission to authorize issuing up to $100 million of revenue notes.