Munis

The California Water Commission sent all 11 applicants for water storage bond money back to the drawing board.

As Pennsylvania gets set to sell $1.39 billion of tobacco bonds next week, Invesco released a report on the sector that offers several reasons why investors should be holding tobacco bonds.

Chicago’s Sales Tax Securitization Corp. bonds cleared the market after a one-week delay.

First Deputy Mayor Dean Fuleihan put the price tag at $425 million over four years.

The deaths of people who ignored railroad crossing warning lights and barriers triggered new calls for state and federal regulators to strengthen railroad safety laws.

It only took a few seconds for members of the Pauls Valley Board of Education to give their official blessing earlier this week to setting a spring date for the next local school bond election.

Several market participants said it’s hard to take such a proposal seriously.

The state will still review proposed and amended budgets, requests to issue debt and proposed collective bargaining agreements.

Sen. James Lankford, R-Okla., and Rep. Robert Pittenger, R-N.C., have asked the GAO how many tax-exempt munis were used for abortion-related facilities during the past 20 years and what was the associated federal tax liability.

The city's bond lawyer was not at the meeting and the board wasn't given a fiscal note saying how much the borrowing would actually cost.

Evergreen Public Schools officials cited aging facilities and a growing population among the chief concerns driving this year's school facilities funding measure.

The authority realized $534 million in present-value savings from those transactions in 2017, said finance director Patrick McCoy.

Tax-exempt private activity bonds, which came close to being terminated in tax reform legislation, are now a centerpiece of the Trump administration's leaked infrastructure plan -- and market participants hope to use this as a springboard for a return of tax-exempt advance refundings.

Gov. John Bel Edwards released a spending plan for 2019 targeting health care and higher education to bridge much of the deficit.

The university expects healthy reception for its higher education bonds in a supply-constrained market.

President Trump's purported latest infrastructure plan would remove state volume caps, advance refunding prohibitions and state volume caps from private activity bonds used for infrastructure.

The bond-funded venue would bring the public and alumni back to campus to see the university's transformation, Temple's president said.

A polling consultant informed the Vallejo school board on Wednesday that the district is in a unique position after survey results revealed residents support a possible school bond but they don't trust the district.

The supply-demand imbalance for muni investors is more acute than usual after issuers accelerated deals ahead of the new tax law.

Plans to build a $362 million Kansas prison as a public-private partnership are in doubt as lawmakers question the financial benefits.