Munis

The new law gives school districts more power to deny charter applications, a credit positive for school districts and existing charter schools, Moody's says.

Two rating agencies lowered their outlook for University Hospitals to stable from positive.

Some smaller firms are deciding to qualify more than half of their municipal advisor principals as a sort of backup plan.

Chicago is coming to market next week with its $1.3 billion debt refinancing.

California's I-Bank will be the conduit on the second set of bonds to finance construction of the Academy Museum of Motion Pictures.

JEA terminated former managing director Aaron Zahn without cause; the city attorney’s office is investigating if Zahn should be fired for cause.

The challenge this year will be biggest in the three states that were found by the Council of Development Finance Agencies to be closest to using their 2018 limits — California, New York and Massachusetts.

With a new Texas Rangers venue opening in March, the city of Arlington, Texas, plans to add an adjacent hotel and convention center.

Municipal bond buyers have plenty of cash in hand and will have various options as to where to put that money to work.

The Lincoln-Way high school district won a Moody's upgrade to Baa2 ahead of a $23 million refinancing deal.

The Jacksonville, Florida-owned utility’s managing director and chief financial officer were both fired amid turmoil over a privatization process, which was canceled.

The Securities and Exchange Commission plans to focus on protecting Main Street investors in municipal bonds.

The municipal bond market eclipsed the $400 billion mark for the fourth time since 2010, thanks to taxable trend that led to a vault in fourth quarter volume.

GASB’s final guidance on the Replacement of Interbank Offered Rates is expected to be issued in March, giving state and municipal governments plenty of time to make adjustments before Libor is phased out by the end of 2021.

State government issuers are expected to sell $4.68 billion of new money bonds in fiscal 2020, a 6.5% increase, according to the Texas Bond Review Board.

As surface transportation funding is set to expire later in 2020, a new reauthorization could help push muni bond initiatives next year.

Retail investors have felt confident in the muni bond space for most of 2019.

While municipal bond volume looks to end the year on a surprisingly high note, muni bond yields unexpectedly hit record lows twice in 2019.

Events at the SEC are likely to create a number of important MSRB rule changes in the coming year.

Public backlash and procedural missteps led the Jacksonville, Florida municipal utility’s board to end negotiations with potential bidders.