Munis

Chicago Mayor Brandon Johnson's Financial Future Task Force released an interim report this week on Chicago's structurally imbalanced budget.

The deal is expected to conclude in the summer of 2026, and at that time Elon University will operate Queens University of Charlotte.

The House oversight subcommittee hearing was titled "Virtue Signaling vs. Vital Services."

A group of bondholders are floating fresh financing to a bankrupt metals recycler that elevates their bonds above other holders.

Minnesota plans to go to market Sept. 23 with a $1.27 billion general obligation bond sale.

Bond attorneys are eyeballing the possibility of attaching a tax title to the surface transportation reauthorization that could include issues of great interest to the municipal bond community as the appropriations process remains stuck in first gear.

Utilities, and the local governments and states that house data centers, are wrestling with policy questions about who should cover the costs of the projected spikes in water and electricity demand.

The authority's borrowing apparatus is maintaining a business-as-usual approach it embarks on a massive new capital program and fends off federal cuts.

Cook County, Illinois, plans to go to market Oct. 1 with $150 million of sales tax revenue bonds. The deal comes on the heels of a Moody's upgrade to Aa3.

Central Texas Regional Mobility Authority's ratings were raised by Moody's, which, along with S&P, upgraded North East Texas Regional Mobility Authority's.