Munis

Fitch Ratings lowered the city’s issuer default rating to AA-minus from AA.

Janet Napolitano said her resignation would be effective in August 2020.

Gov. Michelle Lujan Grisham unveiled the free-tuition plan amid declining enrollment at the state's universities.

Attorneys for Indian River County, the Department of Transportation and Virgin Trains will appear before the U.S. Court of Appeals for the District of Columbia.

The Municipal Securities Rulemaking Board doubled professional fees for municipal advisors last week.

Xay Khamsyvoravong, chairman of the Providence Water Supply Board, explains how this trending accounting tool could help offset Rhode Island’s local pension liabilities. Paul Burton hosts.

Municipal yields and issuance plans both rose, showing market participants aren't uncertain about the meeting, with a quarter point cut in interest rates baked in.

Despite his pessimism about legislation, Mayor Steve Benjamin was upbeat about the effort by himself and other advocates of the municipal bond industry to get out their message.

Saint Mary's College, a sister school to the University of Notre Dame, will sell $27 million of new money bonds and $15 million to refund debt.

A new legal bulletin was requested by SEC Chair Jay Clayton after he observed lawyers noting that some platforms put financial disclosure under more scrutiny.

Lawmakers sent Gov. Gavin Newsom a bill that would set up a commission to study if the state should require the machine-readable accounting program.

Municipal traders and managers said the tax-exempt market’s early strength translated into weakness before the end of trading — due to taxable and overseas influences.

The Clearwater Cay Community Development District’s bondholders and trustee say the required approval from the governor wasn’t obtained.

Internal Revenue Service enforcement officials told NABL workshop attendees the service is hiring five new revenue agents, up from the current 20, and two additional tax law specialists.

Some of the solutions contemplated to bring the investor-owned utility out of bankruptcy involve tapping the municipal bond market.

“The City of Harvey, through no fault of Comer’s and unrelated to Comer’s fiduciary obligations, tainted the district’s offering,” according to the defense.

Accusations that the university violated a moral obligation in connection with bonds for a student housing P3 are false and defamatory, its attorney says.

Los Angeles and Broward County deals were offered while some say the municipal market feels "heavy" and in retreat.

Opponents of the $700 million adopted budget say $2.5 million of spending choices may begin a slide back to Chapter 9.

Expanded access to lower-cost borrowing is a credit positive for the charter school sector, according to Moody’s investors Service.