Munis

Carey R. Troell has rejoined Greenberg Traurig as a shareholder in its Houston office, the law firm announced this week. 

The Oklahoma Council of Bond Oversight approved up to $2.9 billion of bonds to continue financing of a turnpike expansion program and to refund outstanding debt.

Jonathan Fiebach, David Womack, Elizabeth Coolidge and Jeff White have each been elected to serve a four-year term beginning on Oct. 1

Jefferson County School District R-1's lawsuit comes after the U.S. Department of Education threatened to withhold federal funding over transgender policies.

The AI can work overnight. It can absorb administrative volume. But it cannot sit at the council table.

School districts face competition from a state-funded voucher program and financial challenges that in some cases have led to negative rating actions.

Roycemore School defaulted this month on unrated revenue bonds issued through conduit Evanston, Illinois. The private school will close its doors in 2026-27.

Pennsylvania fuel consumption has been gradually declining, Fitch analysts wrote, straining the security for the turnpike's oil franchise tax revenue bonds.

Volume-cap allocations can reveal which projects will gain access to tax-exempt financing and which may be crowded out, making private-activity bond rules a practical signal for issuers, advisors and investors, according to Market Intelligence analyst Jeff Lipton.

Water infrastructure projects in the 2027 plan are aimed at accommodating projected population growth and addressing dwindling supplies.

Market observers question the strength of pension funds, following positive performance reports.

Congress should also eliminate the mass transit account from the Highway Trust Fund, and consolidate all federal fuel tax revenues into the HTF, the USDOT proposed.

The rules governing the cap on state and local tax deductions have been changed in each Trump administration and greatly debated in the muni community as new research shows the cap may have boosted inflows into bonds.

Tender activity has risen between 2019 and 2024, with muni issuers executing more than $48 billion, according to the Government Finance Officers Association.

Cook County, Illinois, will return to market next week with $119.5 million of Series 2026 fixed rate, tax-exempt sales tax revenue bonds.

Cities with voter requirements face higher borrowing costs, a study found.

The Texas city needs higher rates in part to support future debt that would be issued for $1.1 billion of water supply projects that are underway.

Moody's and Fitch downgraded the school district's ratings.

While NAMA believes FA references should be eliminated, it urged the MSRB to address the proposed amendments as part of its retrospective review of MA rules.

Issuers who aren't using AI to protect themselves are relying on older code that won't be able to hold up, one expert said.