Industries

Higher borrowing costs without the tax exemption could force public water, sewer and power providers to raise rates, neglect infrastructure, or sell systems.

California's High Speed Rail Authority has until June 2026 to figure out how to close a $7 billion budget hole, said the LAO's principal fiscal and policy analyst at a budget hearing.

Plaintiffs are challenging Oconee County's use of general obligation bonds repaid by taxpayers countywide to fund sewer improvements serving a small area.

The bonds, which are expected to sell soon, are rated A1 by Moody's Ratings.

The series 2025B Black Belt Energy Gas District bonds are rated Baa1 by Moody's Ratings based on Deutsche Bank's key role in the transaction.

Hospital and health insurance operator UPMC's $735 million deal looks routine. But the volatile healthcare and insurance environments may disrupt that standard.

Moody's Ratings revised the outlook to negative from stable but affirmed the A1 rating on the CTA's senior lien sales tax bonds.

The Department of Transportation is signaling moves away from Biden-era infrastructure spending tied to environmental concerns and heading back to more formula funding, which is welcome news for transportation heads.

With at least one important aquifer reaching peak allowable draw this year, Florida's water utilities are looking at a variety of infrastructure approaches.

Mass deportations and tariffs on key trade partners are expected to have a "significant" negative impact on the U.S. and California economies, according to the UCLA Anderson Forecast.