Munis

Tom Kozlik of Hilltop Securities explores how pension underfunding woes continue to weigh on public finance. Paul Burton hosts.

LIPA's $820 million capital plan for 2020 includes $559.7 million of bonds.

Louisianans re-elected their Democratic governor, but gave Republicans a Senate supermajority; New Orleans voters authorized $500 million of GO bonds.

About 27% of public and private universities will see a decline in net tuition per student in fiscal year 2020.

Metropolitan St. Louis Sewer District will sell $323 million of new money and refunding bonds as it prepares to ask voters for $500 million in new authority.

Voters in the Lone Star State approved $14.5 billion of the $16 billion in state and local bonds on the ballot Nov. 5.

Indianapolis airport is back with a refunding of notes but it is holding plans to refund variable rate debt because it no longer makes economic sense.

The action in the municipal market won't slow down yet, as bond hungry money managers will get a third week in a row of issuance greater than $11 billion.

Though enforcement cases slightly decreased this past year, lawyers say the Securities and Exchange Commission is just as aggressive as ever.

Longtime IRS employee Allyson Belsome will serve as senior manager for the office of Tax Exempt Bonds.

“The channel doesn’t matter in terms of responsibility for the information,” said SEC Chairman Jay Clayton.

Next week's $500 million taxable revenue bond deal is backed by a 1% surcharge on annual incomes higher than $1 million.

David Hammer, vice president and head of municipal bond portfolio management at PIMCO, discusses munis' historic year in terms of performance and inflows and breaks down what makes muni so attractive. This podcast, recorded in September, is hosted by Aaron Weitzman.

Cross, who served as associate tax legislative counsel at the Office of Tax Policy until Friday, said that he resigned in order to be closer to family.

If the proposal is approved, the timing of issuers' annual financial disclosures would be prominently displayed as soon as the beginning of 2020.

Major banks accused of manipulating the variable-rate market are seeking to get the court to toss out the second amended whistleblower complaint filed by municipal advisor Johan Rosenberg.

Iowa accounted for $16 million of the approximately $36.1 million in aggie bonds issued in 2017, according to a recent survey by the Council of Development Finance Agencies.

Fitch Ratings cut the Philadelphia-based Catholic university to BBB-minus, with a negative outlook.

Chicago now expects to bank $215 million in upfront debt refinancing savings from a bond refinancing it expects late this year or early next.

The Ann Arbor, Michigan, schools persuaded voters that waiting would be more expensive, while pitching greener buildings in an education-driven community.