Investments

Moody's has cut the ratings of 31 Illinois municipalities due in part to pension strains over the last 18 months.

A plan costing up to $3 billion to replace Lindbergh Field's more t50-year-old Terminal 1 as well as redevelop lop other parts of the airport advanced this week with the release of a lengthy environmental analysis documenting potential impacts.

Orange County, California. Water District expects to be third water agency to close on a WIFIA loan by month's end.

The board has claimed its policies must be followed to make money available for bond payments.

Three Republican senators have introduced legislation that would slash federal spending for transportation and federal fuels taxes and put more responsibility on states for transportation infrastructure and all mass transit projects.

Two Dallas-area school districts put their recently approved bonds up for sale to a receptive market.

Requests for municipal bond identifiers rose in June for the fourth month in a row as the Dormitory Authority of New York sold $1.79 billion of bonds to a supply-starved market.

Barring legislative intervention, the district can't issue debt to cover the $500 million in repair costs.

The league tables show a return to normal from the first quarter, when PFM, Citi and JPMorgan all placed lower than usual.

Most of the state's largest cities are making strides in trimming their OPEB liablities, a study says.

The Central Puget Sound Regional Transit Authority is expanding its rail and bus services in the Seattle region.

Walter Higgins plans to submit his resignation because an unexpected family incident will keep him out of Puerto Rico, the governor said.

Municipal bonds were stronger at mid-session as a swell of supply swept into the market on Wednesday.

The Louisville and Jefferson County Metropolitan Sewer District’s CP program will finance a critical infrastructure repair program and capital projects.

Bondholders have long complained about the local government's lack of timely and accurate financial information.

A large share of the refundings that saved the city hundreds of millions of dollars wouldn't be possible now that advance refundings are eliminated, a city official said.

Isabella led trading operations at Shearson American Express and Banc One Capital Markets.

The school district established a leadership team as it exercizes local control for the first time in more than 16 years.

BlackRock says relative valuations and historical seasonal trends suggest favorable conditions for municipals.

Fitch Ratings says the application of its new rating criteria is not expected to result in widespread downgrades.