Munis

The California State School Board Association has sued over an education funding work-around included as a trailer bill in the budget.

September volume came in over $44 billion leading volume year-to-date to hit more than $380 billion, just shy of 2023's full-year total issuance.

Advocates hope to use the data to persuade lawmakers of the usefulness of tax-exempt bonds as Congress tackles tax policy next year.

"Our issues seem complicated, but have the simple end goals of saving tax dollars, investing in infrastructure and creating jobs," retiring Rep. Dutch Ruppersberger, founder of the House Municipal Finance Caucus, told a public finance crowd Thursday.

The Chicago Board of Education adopted a nonbinding resolution declaring a moratorium on school closures during a heated public meeting on Thursday.

The privately placed taxable bonds to be issued through Bernalillo County will help finance a manufacturing facility for Ebon Solar.

"The market is strong right now, and we expect that to continue into next year," Loop's head of public finance Bo Daniels said.

California State Controller Malia Cohen was asked to form a task force to draft best practices for the state's charter schools after 11 San Diego charter schools became embroiled in a fraud case.

The merger, which takes effect Jan. 1, will combine the firms' public finance practices, which have a current headcount of 29 attorneys.

The developer of a moribund mall in Cape Girardeau is the latest to receive bond-financed support from a local government for some of the costs of its project.