Munis

The measure would fund deferred maintenance projects at K-12 schools and state universities. It heads to the Assembly and would ultimately be decided by voters.

As most participants await Friday's jobs report, the municipal market Thursday sustained a firm tone as rates remained on a gradual path of decline.

Kestrel Verifiers has certified as green a tranche of bonds that will finance the ethanol plant in California's economically challenged Imperial Valley.

Mayor Lori Lightfoot says she will keep fighting to reshape the legislation the state Senate approved this week to transition to a fully elected school board.

The authority will scoop-and-toss some near-term debt to avoid a shortfall that would force Chicago to dig into its own pockets to cover a hotel tax shortfall.

S&P Global Ratings has fewer universities and colleges with negative outlooks since the beginning of the year.

A bill would authorize its capital city to issue up to $850 million in pension obligation bonds if it can get a true interest cost of 3.5% or less.

Sheila King of Eagle Asset Management talks with Chip Barnett on the growing importance of environmental, social and governance issues for municipal governments. She gives examples of what works and what doesn't and why it matters. (14 minutes)

The administration also wants to enhance the Low-Income Housing Tax Credit that is often used for bond-financed multifamily housing projects.

Grace Dunlap, Chair of the Board at Bryant Miller Olive P.A., has been honored with the 2020 Ralph A. Marsicano Award presented by the City, County and Local Government Law section of the Florida Bar.

Even with a 23.3% year-over-year drop in May, with five months now officially in the books, long-term muni volume stands at $169.45 billion, ahead of the $157.96 billion issued in 2020.

U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley described the proposal as “a good faith offer and a significant step in the right direction.”

A Utah Infrastructure Agency bond deal will bring the city of Pleasant Grove onto the Utah Telecommunication Open Infrastructure Agency's Utopia fiber network.

Rhode Island Health and Educational Building Corp. is marketing the $127 million issuance as social bonds.

Illinois public universities reap rewards of federal aid and state rating stabilization.

Low interest rates, looming CalPERS amortization changes and pandemic-related budget hits were cited as factors in the record year for California POB deals.

In what one critic called a "riverboat gamble," Mayor Jorge Elorza in Rhode Island's capital city seeks $704 million to pump into a severely unfunded system.

The state Supreme Court upheld with the original circuit court ruling tossing out the lawsuit, which sought to invalidate more than $14 billion of GO bonds.

Reinstatement of tax-exempt advance refunding bonds appears to have the broadest support because of its nearly universal impact on state and local issuers as well as nonprofits.

Rep. Richard Neal, D-Mass., the committee chairman, also called for reviving direct-pay Build America Bonds.