Munis

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.

Santa Fe Community College leaders are hoping taxpayers will vote for a $17 million bond that will allow the college to build a new auto repair facility, renovate the campus fitness center and upgrade the school's technological systems.

Muni volume in the last week of January is forecast to match that of the first three weeks combined, satisfying pent-up investor demand.

The proposed bond measure would get taxpayers to pay for lead paint abatement in California houses.

Sens. John Cornyn, R-Texas, and Mark Warner, D-Va., introduced their bill to expand PABs the same day that the U.S. Chamber of Commerce recommended such an expansion in its four-part infrastructure plan.

Municipal bond prices remain under pressure at midday as U.S. Treasury yields hit three-year highs and the market looks to next week's $7.17 billion slate.

Among the topics that most interested our readers were the negotiations around tax reform and the financial crises in Puerto Rico.

Munis came under pressure as Treasuries weakened on concern over a possible government shutdown and traders looked ahead to a return to normal in deal volume next week.

Loop Capital also priced refunding bonds for Cook County, Ill., in the negotiated market.

A bill was filed to put Ball State University in charge of the Muncie school district.

The centerpiece of the U.S. Chamber of Commerce's four-part infrastructure plan is a 25 cents per gallon increase in the federal gas tax.