Investments

The exemption from state income taxes for Native Americans who live and work on federally designated tribal reservation land was at issue in the case.

S&P cited repeated draws on reserves for the lowered outlook.

President Trump's budget proposal for fiscal year 2027 includes $1.5 trillion for the military, while cutting FEMA's budget, privatizing the TSA, and increasing transportation funding.

The current 18,000-seat facility cost $87.7 million, and the city covered the cost with cash from its penny sales tax.

New Hampshire's deals are always well received, according to the state treasurer. She hopes that trend holds in this week's market.

Munis saw small gains Thursday, continuing the slight turnaround in sentiment the market has seen this week, with muni yields seeing modest bumps each day, said Jeremy Holtz, a portfolio manager at Income Research + Management.

The city is in danger of defaulting on bonds in the next fiscal year, according to Local Government Commission officials who say they will intervene if needed.

Judge Laura Taylor Swain is allowing the continued examination of a count in which a trustee is challenging fees, and some proceeds, of pre-bankruptcy bonds.

Wednesday saw the third consecutive day of falling muni yields, suggesting the market is recovering from last week's selloff. The market is well-positioned for "a strong snapback," according to James Pruskowski, managing director at Hennion & Walsh Asset Management.

Moody's assigned its first-ever rating to munis backed by bitcoin ahead of a deal in New Hampshire. 

Issuance was $50.081 billion in 697 issues, up 17.3% year-over-year from $42.709 billion across 726 transactions.

Moody's Ratings upgraded Alum Rock Union Elementary School District on proactive management actions in the face of enrollment and fiscal challenges.

Texas is set to become the world's largest data center market by 2030, according to JLL.

Despite declining enrollment, Texas school district paper remains popular among investors because of the AAA-rated Texas Permanent School Fund pledge.

The filing of a writ of mandamus with the state Supreme Court, comes a day after S&P revised its outlook on Otero County to negative.

As public sentiment shifts around Illinois data centers, a new report warns local governments against lopsided contract terms with developers.

PFM Management Services LLC will advise special districts throughout the country.

Many investors are waiting to see if the pattern of falling yields continues, according to Chris Brigati, managing director and CIO at SWBC.

Capital needs and state actions were on the minds of two top local government officials at The Bond Buyer's Public Finance Conference in Austin.

The bill creates a sports facilities authority for a $3 billion partly bond-financed NFL stadium and makes changes to a sales tax and revenue bond program.