Investments

NAFOA is supporting passage of the Tribal Tax & Investment Reform Act, which would free up tribal bond issuance.

The Payson Town Council's passage last month of a bond resolution using an emergency clause violated the Arizona Constitution, according to a lawsuit.

California's state government typically pushes out billions of dollars of debt from August to November. This year there may be a shift in buy side sentiment.

Over a long, successful career, former New York City Director of Management and Budget Mark Page has shaped more than his share of public finance innovations. 

Municipal bond mutual funds saw inflows as investors added $1.258 billion to funds — the second-largest inflow figure year-to-date after $1.413 billion of inflows for the week ending Jan. 31.

The agencies are overstepping their statutory authority in trying to force the market to adopt a new securities identifier, says the American Bankers Association.

Moodys says it is placing additional weight on the states' Aaa ratings in determining the Garvee ratings.

The passage of a $11 billion plan, which aims to fully fund police and fire pensions in 30 years, comes as the retirement system is pushing its own plan in court.

The commission approved $73 million of limited obligation bonds for Rowan County schools.

House Republicans are once again careening towards a government shutdown

Thompson is known for mentoring his employees and his fair treatment of clients.

Analysts say the Jacksonville, Florida, utility has been able to move past concerns over its attempt to breach a contract with MEAG and to privatize.

The New York region's beleaguered transportation agency could need up to $92 billion for its next capital plan, said State Comptroller Thomas DiNapoli. 

The August consumer price index showed inflation remains above the Federal Reserve's target level and makes a 50-basis-point rate cut next week unlikely, economists said. Further, many expect the market will be disappointed going forward, as future cuts will likely be shallower than expected.

Fitch cited economic and demographic factors in explaining the downgrade.

The candidates touched on muni-adjacent issues like energy policy, housing and tariffs but offered little new information on infrastructure proposals or tax policies.

The House Financial Services Committee held a hearing Tuesday examining the practices of proxy advisors and their relationship with ESG investing.

Issuance as of Wednesday is at $345.327 billion, a 32.7% increase over 2023. The Bond Buyer 30-day visible calendar on Monday was at $20.02 billion, the largest in nearly four years.

Robin Prunty, who retired Aug. 31 as S&P's chief analytical officer for governments, took on a role on its U.S. board the next day.

For more than 40 years, she has been a transformative leader, mentor and friend.