Munis

The knock-on effects of COVID-19 are omnipresent, issuers said at the Bond Buyer's virtual California Public Finance Conference. For some government officials, certain changes to how business gets done have been positive.

For the first time in six years, Texas colleges and universities are awarded tuition revenue bonds backed by the state.

Seventy-seven percent of respondents to a Bond Buyer survey said there should be universal ESG standards and just over half said ESG is “critical” or “very important." Consensus on how to and who should create such a language is less clear.

While a majority of the industry says ESG matters, a consensus on how to define it for this 50,000-issuer, $4-trillion marketplace is still uncertain.

Developers of a $240 million hotel at the U.S. Air Force Academy Visitors Center in Colorado Springs are appealing to investors with an appetite for risk.

Two issuers, the San Diego County Regional Airport Authority and the Village of Franklin Park, Illinois, have disclosed in the past week that they’re under audit by the Internal Revenue Service.

Payments under the opioid settlement are too short-lived to securitize and local government participation remains unclear.

Tax-exempt bonds are a very different area of the law.

The Internal Revenue Service’s Tax Exempt Bond program will not be significantly overhauled as part of the agency’s restructuring and modernization efforts, officials say, but there are a few changes to forms and procedures that bear paying attention to.

New York’s Hudson Yards development on Manhattan’s West Side was able to cover its debt service obligations despite the effects of the COVID-19 pandemic.

One size does not fit all.

The firm added Lynn Martin, president of Fixed Income & Data Services at Intercontinental Exchange, Inc., and Joe Geraci, partner at Old Orchard Capital and former Citi executive.

A proposal from the Ohio Treasury would provide a new enhancement for state-purchased public university debt and offer a backstop for hospitals' VRDOs.

The bill would have required cities, counties and the California Highway Patrol to post the amounts paid, broken down by individual settlement and judgment.

Another correctional facility avoids a private business use tax penalty.

The presence of unregistered — and potentially unqualified — advisors providing municipal advisory services to state and local governments and other municipal entities is a cause for concern and greater regulatory scrutiny.

Officials from multiple regulators came together on Thursday for a detailed discussion about municipal advisory regulation.

Erring on the side of caution and good documentation are key to managing conflicts of interest

The proposed guidance does not indicate any particular problems with compliance, the MSRB said.

A nonprofit that funds charter schools for low-income students is set to price a $233.5 million of revenue bonds Wednesday.