Munis

Fitch Ratings cut the Miami-Dade County Expressway Authority’s bonds to A-minus from A after lawmakers passed a bill to cut tolls and dissolve the authority.

Airports have been clamoring for an increase in the PFC limit for years, arguing that they need it to help finance capital improvements that would be paid for with new bond issues.

Legislation to put bond measures and the 2020 and 2022 ballots has cleared two Assembly committees.

Municipal bond buyers saw more deals come to market on Wednesday as muni yields held in at lower levels.

Detroit Public Schools Community District has substantial capital needs but its ability to fund them is constrained.

At the National Federation of Municipal Analysts annual conference, panelists discussed the “elephant in the room” — myths about issuer disclosure.

The current volume cap on PABs issued for highways and freight improvement has just over $2.5 billion remaining that can be authorized by the U.S. Department of Transportation.

Mary Francoeur of PFM Financial Advisors passed out the awards during the annual NFMA conference in Charleston, South Carolina.

The port's initiative is a credit-positive approach to the risk of online attacks, according to Moody's Investors Service.

Carl McCall, a former New York State comptroller and Democratic candidate for governor, reflects on what molded his many years of public service starting with enduring the challenges of growing up in a segregated Boston neighborhood to the recent experience of chairing the State University of New York Board of Trustees. Andrew Coen hosts.

If approved by the governor, the budget will mark the ninth consecutive year of record spending by the Sunshine state.

The issuer launched a new investor relations website in advance of its bond sale Tuesday.

“Brogdon's substantial and ongoing failure to comply with the plan and court orders are egregious and ongoing,” a court-appointed monitor reported.

In a letter sent to the SEC and the Municipal Securities Rulemaking Board late last week, the group said lapses in issuer financial disclosures are unacceptable.

The top three bond proposals — all in excess of $1 billion — won easy approval even as some large school district measures fell short.

The University of Texas System will bring $386.8 million of refunding bonds to market this week.

Sometimes you can get what you want as well as what you need as muni buyers get set to see $6.5 billion of new issues.

The Securities Industry and Financial Markets Association said to manually input the data would require more time and staff.

The Pennsylvania Turnpike Commission won a lawsuit by truckers over tolling, but still faces questions about how it will manage its $11.8 billion debt load.

S&P lowered the Miami-Dade County Expressway Authority’s bonds and assigned a negative outlook. State lawmakers proceeded to pass a bill abolishing the authority.