Investments

Poll finds scant support from Kansas City (Mo.) voters for bonds that would finance a new $964 million airport terminal.

A year after North Carolina inked its first public-private partnership with I-77 Mobility Partners, lawmakers have filed bills to terminate the $648 million pact amid investigations into the deal.

Conning has lowered its outlook on municipal credit for U.S. states to stable from improving as revenue growth began to show signs of strain amid rising expenditures. In its “State of the States” credit report for the first quarter, the investment firm said states have started to ramp up spending after years of restrained expenditures even as growth in revenue slows.

COLORADO

ARKANSAS

Montana Gov. Steve Bullocks wants lawmakers to focus on infrastructure in 2017 session.

Preliminary plans to relocate the National Football League’s Oakland Raiders to Las Vegas call for the creation of a Clark County Stadium Authority that would issue up to $750 million of bonds to help finance a new $1.4 billion stadium under a public-private partnership agreement.

Illinois’ recent approval of some funding for higher education and student aid does little to calm concerns about the long-term impact of the funding drought on state university and community college balance sheets and reputations.

CONNECTICUT

IOWA

The Cook County Clerk’s office has reversed course and signed off on the validity of Harvey, Ill.’s property tax levy request, raising hopes that the city will make good on bond payments.

A $357 million federal TIFIA loan to a Texas P3 project will help finance construction of tolled express lanes on a Houston highway.

Atlantic City, N.J., averted default Monday by making a $1.8 million debt service payment, but it’s far from certain the struggling city can make other such payments this year.

OKLAHOMA

ALABAMA

Columbia University recently issued $50 million in green bonds through the Dormitory Authority of the State of New York (DASNY) that will fund construction of a new science center for the Ivy League school’s Manhattanville campus, Gov. Andrew Cuomo announced Friday.

Most Americans surveyed in a new poll would support replacing the gasoline tax with road user fees.

Demand for municipal bonds has been so strong in 2016 that not even the arrival of income tax season could put a stopper on the flow of money into the industry.

As Pennsylvania lawmakers debate Gov. Tom Wolf's proposed $32 billion fiscal 2017 spending plan, many municipal analysts view the state's prospects in a negative light.

ALABAMA