Investments

With the presidential election just days away, the potential impact on the municipal tax exemption, demand for public debt, and tax reform are among unresolved concerns for buy-side market participants.

CALIFORNIA

FLORIDA

A proposal to raise the Oklahoma sales tax by one cent would give teachers a raise if voters approve. The Sooner State ranks 49th among states in teacher pay, according to recent studies.

Researchers say mileage-based road fee is best solution to transportation funding but motorists disagree.

The only two things that Presidential candidates seem to agree on are that their opponent is a puppet of Russian President Vladimir Putin and that the U.S. must make significant investments in our crumbling infrastructure.

Anthony Figliola, vice president of Empire Government Strategies, joins northeast regional reporter Andrew Coen to discuss how New York State politics create challenges for local governments looking to issue bonds for infrastructure improvements. They will also touch on what brought him into a public finance career at such a young age and his previous experience as a deputy supervisor for one of the nation’s largest municipalities.

IOWA

CALIFORNIA

Transportation Department has $850 million of competitive grants available for infrastructure projects that improve freight shipments.

TEXAS

ALABAMA

Donald Trump’s $1 trillion infrastructure plan relies on tax credits to attract private funding.

Clarity Bidrate Alternative Trading System, a division of Arbor Research & Trading LLC that aims to rejuvenate the variable rate municipal market, has won its first new bond issue.

ARKANSAS

CALIFORNIA

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose one basis point to 3.95% in the week ended Oct. 27 from 3.94% in the previous week.

The not-for-profit healthcare sector is holding steady but may have peaked as persistent long-term challenges threaten to undercut gains that have bolstered margins, says S&P Global Ratings health care analyst J. Kevin Holloran.

More than $250 billion of local and regional transportation proposals will be on Nov. 8 ballots.

ARKANSAS