Investments

By an almost four-to-one margin, voters approved a charter amendment requiring voter approval to transfer ownership of the county's airport, seaport or tollway.

Biennial budget bills filed by the Texas House and Senate include $15 billion in property tax cuts amid a projected $32.7 billion surplus.

Open data standards will help Flint "tell its story" and benchmark itself against other cities, said CFO Robert Widigan.

The authority's issues hamper the USVI economy, Gov. Bryan says in his state of the territory speech.

The 2023 "January effect" seems to be "displaying typical behavior given relatively thin issuance this month and demand patterns that have been buoyed by four of six reinvestment needs," said Jeff Lipton, managing director of credit research at Oppenheimer Inc.

Municipal bond issuers are worried about what the recently passed Financial Data Transparency Act is going to cost them to implement.

The city received $217 million of retail orders — a rarity in Illinois where local bonds don't benefit from state tax exemption — and interest from 11 ESG funds.

The latest definition of federal waters includes roadside ditches, which some industry groups say will make transportation projects more costly and time-consuming.

Revenue were better than projected despite the Treasury Department postponing deadlines for certain taxes.

Newly-elected Gov. Josh Green outlined the proposals during his State of the State speech on Monday.

Rising interest rates, market volatility and the loss of business and revenue top the public finance industry's concerns for 2023.

Compared to December's projections, revenues are up $265.3 million and expenses are down $59.4 million.

For the first time in several weeks, munis last week outperformed "by a wide margin and across the entirety of the yield curve," said Eric Kazatsky, head of municipal strategy at Bloomberg Intelligence.

BVAL marketed its bond valuation methods as sophisticated but sometimes based the valuation on a single broker quote, the SEC said.

School districts must sell bonds based on their own ratings or with private insurance because the triple-A-rated Permanent School Fund's capacity is nearly maxed out.

Critics say there are problems with part of the team because of a conflict of interest and a lack of experience.

Investors will be greeted Monday with a new-issue calendar estimated at $5.520 billion.

The complex restructured its debt through bankruptcy in 2018 but COVID-19 knocked its recovery off track.

Bondholders say they have lost patience after six years of nonpayment.

A demand survey conducted by CDLAC in November foreshadowed $11 billion in requests from applicants for the state's private activity bonds.