Investments

The Act 154 excise tax brought in 21% of revenue to the General Fund July to October.

If Nevada surpasses $500 million in gaming revenues in December, it will become the greatest single-year total.

A HilltopSecurities survey found skilled nursing and senior living as the sectors they were most concerned about for 2022.

Despite its snowy reputation, the region sees itself as a climate refuge due to cooler temperatures, reliable infrastructure and Lake Erie freshwater.

Unregistered municipal advisor activity and breaches of fiduciary duty remain priorities.

Net supply pressure among tax-exempts is expected to worsen in January compared to last year and the move toward richer tax-exempts is unlikely to reverse. "Dealers seem to be acknowledging this looming challenge," MMA notes.

This would be fourth attempt to refund the islands' debts. Moody's Investors Service projects the island's pension fund will run out of cash by the start of fiscal 2024.

Inflation, labor shortages and implementation uncertainties loom as the Infrastructure Investment and Jobs Act moves into center stage next year.

Welch heads Squire Patton Boggs' California Public Finance practice.

A $10.85 million private placement of special assessment revenue bonds for the Ojus Sanitary Sewer Special Benefit Area will foster economic development.

Muni bonds have not been not the quick way to big returns in 2021. But for the right client, they are the perfect addition to a portfolio focused on stability and low risk, advisors say.

Investors will also receive $139 billion of interest payments in 2022, about $593 million more than in 2021, according to a report from CreditSights.

Pension laws had been perhaps the key issue that could have scuttled the island's debt restructuring deal.

Towns in many states manage a big chunk of local roads but see little support from federal surface transportation formula grants.

The university is planning to sell $500 million of taxable 100-year bonds in the first quarter of 2022.

Jennifer Poree, S&P Global Ratings national sector lead for water and power, and Mark Joffe, a senior analyst with the Reason Foundation, speak with regional editor Keeley Webster about California’s struggles to tackle its water infrastructure backlog. (25 minutes)

Until supply comes, market participants appear to be content to sit back and let the calendar flip to a new year without making any big moves.

Puerto Rico's government, bondholder Peter Hein, and eminent domain parties make call for varied changes to the board's proposed documents.

The window of opportunity is open thanks to new projects, new state and city leadership, emerging projects and better systems to benefit travelers.