Investments

After a one-week blip that showed some positive growth last week - following two prior weeks of outflow activity - tax-exempt money market funds returned to negative territory, losing $4.11 billion and settling with total assets of $492.47 billion for the week ending Nov. 17, according to the Money Fund Report.

The University of Oregon received a conditional-use permit for its new basketball arena this week, closing a long and difficult approval process that’s delayed the project many times.

ALASKAAnchorageNov 19, 2008 . . . . . . $89,840,000

CALIFORNIAElk Grove Unified School District Community Facilities District No. 1Nov 19, 2008 . . . . . . $5,845,000

Municipal bond exchange- traded funds have suffered a baptism by fire in their first year of existence.

CALIFORNIAAnaheim Public Financing AuthorityNov 18, 2008 . . . . . . $51,820,000

ARKANSASJunction City School District No. 75Nov 19, 2008 . . . . . . $2,105,000

CALIFORNIACalifornia Statewide Communities Development AuthorityNov 14, 2008 . . . . . . $143,655,000

ARKANSASForrest City School District No. 7 of St. Francis CountyNov 18, 2008 . . . . . . $8,040,000

The Kansas Board of Regents will meet this week to decide how to cut an estimated $114.4 million from the state’s higher education system over the next two years.

ARIZONAArizona School Facilities BoardNov 14, 2008 . . . . . . $580,035,000

ILLINOISLake County Forest Preserve DistrictNov 17, 2008 . . . . . . $9,500,000

A pair of deals from issuers in Massachusetts and California will headline this week's primary market, where an estimated $4.32 billion is expected to offer the largest - and most notable - increase in new-issue volume since the recent economic turmoil that put the municipal market in a deep freeze over the last six to eight weeks.

DALLAS - The University of Texas System regents last week shelved plans to sell future production from oil and gas properties to boost the Permanent University Fund until prices rebound.

The exodus of cash from municipal bond mutual funds appeared to slow last week.

ALABAMAVestavia Hills (City)Nov 7, 2008 . . . . . . $9,615,000

The Bond Buyer's weekly yield indexes declined this week, as tax-exempt yields fell in each of the holiday-shortened week's sessions.

CHICAGO - Catholic elementary and high schools are increasingly turning to the tax-exempt debt market to finance their capital projects, according to bankers at Ziegler Capital Markets, which recently closed a deal for the National Shrine of the Little Flower in Royal Oak, Mich.

With November well under way and the presidential election over, tax-free mutual funds saw inflows for the week ended Nov. 10, drawing in $1.59 billion and ending the week with $496.58 billion in total assets, according to the Money Fund Report.

CALIFORNIABlythe Redevelopment AgencyNov 6, 2008 . . . . . . $4,575,000