General obligation bonds

The high-grade issue is expected to be well received by the market. D.C. joins a growing list of issuers refunding outstanding BABs amid lower rates.

The one-notch general obligation and certificates of participation rating downgrades resulted from the application of Fitch's updated criteria.

The bonds, expected to be rated Aa2 by Moody's, will will be among the earliest general obligation bonds sold by Kentucky school districts since the state passed a law in April allowing such debt by school districts.

Municipal bond market participants say a proposed constitutional amendment targeting property tax revenue would increase borrowing costs and lead to litigation.

Texas' largest school district, which was taken over by the state last year, is seeking voter approval for bonds for the first time since 2012.

State Treasurer Dale Folwell wants to know if Cabarrus County will have voters vote on bonds in the future through general obligation referendums.

The Omaha City Council approved placing a $333.4 million GO bond deal on the Nov. 5 ballot.

The July 31 arrest of Eduardo Ramos, who submitted his resignation July 23, was not related to his job, according to the school system.

The mayor and controller debated the causes for the rating outlook revision to negative from stable ahead of a July city bond sale.

While it may cost the city more to sell its bonds, the negative outlook could increase market participation, one analyst said.