Municipal disclosure

The process of turning the data into a usable form takes time and can be compounded by the difficulty of extracting what data there is and the format used by issuers in documents, like official statements, disclosures and other financials.

Record-breaking hot temperatures in the Southwest this summer likely had economic consequences and could focus the municipal bond market on heat-related credit risks and infrastructure needs.

The National Association of Bond Lawyers has a new president.

Panelists at this year's GFOA Minimuni Conference remarked on how difficult an environment it is for issuers and why recognizing this is essential for voluntary disclosure.

Ocean Capital's next move is to attemot to have its elected directors seated on the funds' board of directors.

Fitch analysts mentioned the tardy ACFR in the ESG section of its most recent rating report on California general obligation bonds.

Ongoing strikes by actors and writers pose a risk for next year's Oscars ceremony, which generates significant revenue that helps pay off the bonds. 

Recent laws extend the statute of limitations for child sexual abuse victims to file civil claims, impacting California school districts and counties.

A federal initiative, focusing on states, and eventually, larger municipalities and authorities, that places a premium on enhancing transparency, is fundamental to improving the fiscal health of state and local governments.

The Republican ESG bill calls for studies on key muni market issues, including bans on soliciting business, ESG disclosure and investment decisions by underfunded state and local pension plans.