Litigation

S&P Global Ratings revised the outlook on the city's AA rating to negative from stable, citing increased debt and costs from a settlement with firefighters.

Wyoming Gov. Mark Gordon, a Republican, recently vetoed anti-ESG legislation similar to Missouri's, saying that it overstepped legal authority.

A 2023 U.S. Appeals Court ruling derailed federal approvals for the Uinta Basin Railway, which plans to seek up to $2 billion in private-activity bonds.

The California Supreme Court issued an opinion Thursday blocking an anti-tax measure from November's ballot.

The city and its Austin Transit partnership are seeking court validation for bonds to help finance the multi-billion-dollar project.

The legislature addressed the cost of a $329 million property tax refund in the state's largest county as well as passed a fiscal 2025 budget.

The bonds are part of a proposed settlement with the city's firefighters union that would need court approval.

The lawsuit filed in 2017 points to funding disparities when public school districts turn to local property taxes and bond issuance for capital funding.

California lawmakers asked the high court to intervene on the measure headed for November's ballot.

Utah's Seven County Infrastructure Coalition has asked the U.S. Supreme Court to review an appeals court ruling that led to the loss of federal permits for a proposed bond-financed railway that would transport crude oil.