Munis

La Marque's two-notch downgrade from Moody's follows a rating cut last month by S&P; both agencies put the city on review for potential further downgrades.

The City Council is exploring possible bond sales to expand Metro service for the NFL stadium slated to replace RFK Stadium, which is being demolished.

If approved, the $6 billion federal RRIF loan would be "quite positive at this juncture," an investor said.

The CTA's funds have been "put on hold to ensure funding is not flowing via race-based contracting," Office of Management and Budget Director Russell Vought said.

Public finance attorney James Woodward will lead the firm's new Athens office.

Four cities were ordered to halt recent tax hikes pending an investigation of whether they complied with a state law that enforces a deadline for annual audits.

The rating agency cited narrowing reserves and the expectation that the city will experience declining revenues next year.

Political dysfunction is far and away the leading economic and policy concern for muni market participants, according to a new Bond Buyer infrastructure survey.

Supply is expected to rebound in October, when BofA Securities estimates that issuance will reach $58 billion.

Four hired as counsel and seven other staff members are bulking up the team's D.C. and New York offices. 

Pausing federal funding creates another hardship for municipalities who are also reeling from infrastructure grants being clawed back by the U.S. Department of Transportation.

At The Bond Buyer's infrastructure conference, panelists speculate about the reliability of federal funds under the current administration.

Toms River's reluctance to pass a budget could further damage the school's rating, S&P said.

The city of La Marque is taking steps to stabilize its shaky finances after a short-lived debt service payment default and a bond rating downgrade.

Bond attorneys are pondering language governing tax-exempt bonds used to finance spaceports.

Republicans established the fund to ease pressure on rural providers facing Medicaid and ACA insurance cuts.

Deston High School defaulted on series 2021A, 2022A and 2022B bonds.

How Congress and the Trump administration navigate the next several months carries implications for municipal issuers and investors.

Bond lawyers, municipalities, and transportation officials are moving towards greater use of public private partnerships for infrastructure projects bogged down by capital constraints and high risk.