Investments

The rapid increase in refundings for public power and water utilities will likely slow as interest rates are expected to rise through 2018, according to Fitch Ratings. Moody's Investors Service sees a stable operating environment amid low natural gas prices.

FLORIDA

ARIZONA

The University of Illinois is preparing to refund $116 million while highlighting for investors what it describes as diverse revenues and growing enrollment that have lessened the strains of coping with the state’s budget mess.

As traffic congestion increased, more and more motorists see tolls and mileage charges as funding solutions.

ARKANSAS

COLORADO

Education officials and experts offered suggestions to a House subcommittee Tuesday on how to regulate private universities’ multibillion-dollar tax-exempt endowments, including by making them taxable in some cases because of concerns about their use.

Funding provided by $200 billion of transit initiatives on November ballots would be big investment boost for public transportation.

INDIANA

FLORIDA

Many of the largest state pension plans averaged less than 1% returns for the fiscal year ended June 30, most likely leading to a national trend of depressed funding ratios and increasing pressure on states to fund those pensions, S&P Global Ratings said Monday.

KENTUCKY

ARIZONA

Professional sports stadiums built or significantly renovated with the help of tax-exempt bonds since 2000 have cost the federal government a total of $3.7 billion, according to a study released by the Brookings Institution.

Jefferies said it received good demand for the $292.26 million of tobacco settlement pass-through bonds it priced for the New York Counties Tobacco Trust VI.

The Senate may vote Monday on whether to limit debate on a $9.4 billion bipartisan water bill that would provide $220 million in federal funding to remedy the Flint, Mich., water crisis as well as to help other municipalities facing water infrastructure issues.

Central Texas transportation planning agency is looking into a proposed aerial tramway system in Austin.

Muni bond broker Matthew Picerno, who perished in the 9-11 attacks on the World Trade Center, had a larger than life personality that was evident at his job at Cantor Fitzgerald, and within his family and home life.

ARKANSAS