Munis

A 25-vote defeat turned into an 11-vote victory for the Midland Independent School District measure.

The Metropolitan Pier and Exposition Authority, restored to investment grade by S&P Global Ratings last year, plans to sell a total of $923 million.

Each state would be guaranteed $25 million in bonding authority each year, with an additional $1.25 billion in authority allocated among the states according to rural population.

A lawsuit challenges the May 2019 voter approval of the bond measure, which passed with more than 71% of the vote. None of the debt has been issued yet.

A successful closing on the unrated deal was needed to make payments on short-term notes due on Dec. 31.

In 2012 John Cross became the first person to head the independent Office of Municipal Securities at the U.S. Securities and Exchange Commission.

Proposition CC, which would have repealed the revenue cap built into Colorado's Taxpayer Bill of Rights, promised to help fund three of the state's most notably underfunded buckets: K-12 education, higher education and transportation infrastructure.

UBS Wealth Management Americas announced three new senior hires as it continues to expand its public finance roster as it approaches the New Year.

The university now has a stable Moody's outlook as the financial impact of the Larry Nasser sex abuse scandal becomes clearer.

Richard Taormina, head of Tax Aware Strategies at JPMorgan Asset Management, talks about the value of municipal bonds and focuses on performance, foreign demand and the effect of the tax reform legislation on the market. Chip Barnett hosts this podcast, which was recorded in early October.

The Finance Committee signed off on bond refinancing and revenue packages that are key to the 2020 budget, paving the way for a full city council vote.

Sustainable investing is called “the” trend to watch in 2020 and in the coming decade.

Moody's Investors Service raised the outlook to positive from stable on Palomar Health's junk-rated revenue bonds and investment grade general obligation debt.

The council suggested the VCAP program would remain in place for issuers who need a legally binding agreement, but would become the third tier of a system that would offer two simpler options.

With the addition of two new municipal funds, Baird appeals to more shareholders while expanding its current offerings.

Miami-Dade County Expressway Authority board meetings and procurements are on hold as it fights a state law to abolish the authority.

Fitch Ratings upgraded the private institution in Biddeford, Maine, to A-plus from A-minus.

Securities and Exchange Commission Chair Jay Clayton seemed noncommittal on a proposed exemptive order for municipal advisors.

Gov. Ron DeSantis’ recommended a $91.4 billion budget for fiscal 2021 that includes borrowing for more than just transportation needs.