Investments

The University of North Texas should have known that it was receiving excessive reimbursement from the state and should repay at least $75.6 million over 10 years, according to a state audit.

Green muni bond underwriters are stepping up marketing, with a focus on retail clients, as they compete for a share of the fledgling market.

Targeted increases in transportation infrastructure funding are needed to overcome a 10-year backlog of neglected projects.

Municipal managers say they're continuing to shield their clients' municipal assets from higher rates even though the timing of a rate hike remains uncertain and some are beginning to doubt rates will spike in the near term.

ARKANSAS

ARIZONA

Washington State University has been authorized to sell up to $16.25 million of revenue bonds for a new health clinic at its Spokane, Wash. campus.

Citing weak debt coverage, Standard & Poor's downgraded Arizona Health Network's revenue bonds to BBB from BBB-plus and retained a negative outlook.

As spreads on bonds from the recent Detroit Water and Sewer, Chicago Water and Chicago Wastewater deals tighten, some analysts warn these credits might not be as safe as investors think.

Transportation Department doesn't account for how it awards federal TIGER grants, GAO says in new report.

A Michigan board Wednesday voted to approve two emergency loans to cash-strapped Detroit suburbs, which are under state control, that will be used for pension payments.

FLORIDA

COLORADO

Gasoline tax revenues are not a reliable long-term source for financing transportation infrastructure, Pew Charitable Trusts said in new report.

As the issuance of green municipal bonds climbs this week, the bonds performance in the secondary market shows mixed results.

After years of struggling to fill its halls, a student housing facility privately developed for Chicago's DePaul University is marking its second year of near full occupancy with the boost in revenues allowing it to chip away at some overdue debt service.

Detroit officials could announce the future of emergency manager Kevyn Orr's role in the bankrupt city after his term ends Sept. 27. Some city council members reportedly favor a limited role to oversee the final weeks of the bankruptcy.

ILLINOIS

CONNECTICUT

Bond insurer Financial Guaranty Insurance Co., standing alone as the last major creditor holding out in the Detroit bankruptcy, challenged the city's recent settlement with fellow insurer Syncora Guarantee Inc.