Munis

A former Cook County, Ill. board member is replacing leader of tollway agency whose headed to the Illinois Sports Facilities Authority

The state House approved a $22.5 billion general fund budget that relies on fees and tax increases to fund priorities like pension obligations.

Bipartisan bills pending in the House and Senate would allow private activity bonds to be used for state and local government buildings.

While the mood remained tentative on the last day of the week, the municipal market looks forward to the upcoming $7.5 billion of new supply headed its way.

Municipal bonds held firm Thursday as one trader urged buyers to find opportunities by using an old basketball offensive philosophy.

A new elementary school and expanded career and technical education (CTE) center may be in the future for Windom Area Schools.

The bond referendum asks for a portion of the funds to be put toward additions for Edwards, Mitchell and Meeker elementary schools.

New money sales made up for a drop in refundings, pushing the region past $95 billion of volume.

Municipal bonds were trading firmer Thursday as the last of the week's big deals came to market.

Rick Witte, former head of public finance for Andrews Kurth Kenyon, is among those making the move from that firm.

Municipal bond buyers welcomed several big deals on Wednesday as demand outpaced new bond supply.

The light month for long-term municipal bond volume is another ripple effect of the new tax law and the issuance rush leading up to its enactment.

Issuers across the Southeast sold $68.5 billion of bonds in 2017, a 5.8% year-over-year decrease.

The on-time and on-budget Tappan Zee Bridge replacment helped the authority land a positive rating outlook.

The Florida House Government Accountability Committee is willing to offer Garcon Point Bridge bondholders 50 cents on the dollar.

The SEC told a federal court that it will not pursue a judgment against the muni advisor firm or its principal unless it appears that the settlement process has stalled.

Issuers in the Midwest sold $82.98 billion of debt last year, a 5% drop from 2016.

John Cross, the Treasury Department's associate tax legislative counsel, said the existing tax rules are clear on advance refundings of taxable debt.

Rhode Island voters give the public schools a passing grade and two-thirds of them support the proposed $250-million state bond issue for public school repair and construction.

Municipal bond volume across the eight-state Southwest region in 2017 fell 9% below its 2016 record.