Munis

A boost in state funding and higher local property valuations lifted school districts' finances, according to the Illinois State Board of Education.

NABL suggested expanding private activity bonds to a new category for public roads, tunnels, and bridges.

The company that bought Vernon's power plant is suing the city in a case over whose fault it is that the plant operated below full capacity.

Longtime muni lobbyist Michael Decker will now have a working relationship with Bond Dealers of America.

In the primary, Academy Securities priced the Calif. Veterans Affairs deal for retail investors on Wednesday.

Republican Gov. Kay Ivey signed the Rebuild Alabama Act into law, increasing state gas taxes for the first time in 26 years.

If the IRS fails to provide a regulatory fix, two members of Congress may address the issue legislatively in bicameral affordable housing legislation that had wide bipartisan support in the last Congress.

Next week's Illinois GO sale will be a muni market referendum on the governor's budget, tax and pension proposals.

Our guest, Eden Perry, the new head of public finance at S&P, describes her vision of the rating agency's role and her goals for her tenure. Criteria changes, surveillance, multi-notch downgrades, and diversifying the staff are all front and center. John Hallacy hosts.

Blockchain could benefit the muni market, but receives pushback in an industry historically slow to change.

Midwest Fertilizer Co. announced Monday it has settled with the IRS Office of Appeals an audit that originally disqualified the tax-exempt status of $1.259 billion of refunding bonds that will be used to help finance a fertilizer plant in Posey County, Indiana.

Banker Peter Cannava may be left to battle on alone, after the Securities and Exchange Commission and Wells Fargo told a federal court they have an agreement.

The upstate New York college has combined two undergraduate institutions and boosted enrollment a year after sinking to deep junk territory.

A finding of sub-standard cement at Denver International Airport's $650 million terminal redevelopment project shows that the government and developer in a public-private partnership both must adapt to unforeseen events.

Munis have been grooving along but next week will bring tiny issuance, less than $3 billion, along with a Federal Open Market Committee meeting.

The enrollment and cost stresses underscored by teacher strikes in Los Angeles and Oakland aren't limited to large urban districts.

Moody’s Investors Service downgraded the Albert Einstein Healthcare Network in Pennsylvania to Ba1 from Baa3.

In his waning days, Chicago Mayor Rahm Emanuel won approval for several development projects and a new money GO issue.

Municipal bonds held firm Wednesday as deals swarmed into the market from issuers in Virginia, New York and Texas.

Voters rejected the largest three school bonds in Tuesday's election — Cassia County, Minidoka County and Filer — but approved smaller ballot measures across the Magic Valley.