Munis

Riverside Unified School District scrapped plans to develop a STEM center with the local University of California campus amid a critical state audit report.

Hays County prevailed in its appeal of a district court ruling affecting nearly $440 million of general obligation bonds voters approved in 2024.

Ohio Dominican University became the latest Midwest private religious college to run into financial trouble after it missed a bond payment.

A proposed $3 billion sports and entertainment district would involve bond issuance for a Dallas Stars hockey arena and public infrastructure.

Muni bond issuers cut their median audit times from 2023 to 2024, with issuers in all governmental bond and most revenue bond sectors reducing audit timelines.

Market Intelligence analyst Jeff Lipton recaps May's muni outperformance versus Treasuries and broad fixed income, highlighting how carry, reinvestment demand and spread compression drove strong returns and helped A3 and Baa credits lead the market.

West Sacramento's baseball expansion plan would provide funding to two Yolo County school districts, backers say.

The Quincy, Massachusetts, mayor wants the city to issue debt to buy the former Eastern Nazarene campus. There is concern about the city's high debt load.

The revenue bonds would continue financing for a 15-year, $8.2 billion program to widen existing toll roads and build new ones.

With nearly $4.5 billion of tax-exempt bonds, a restructuring or bankruptcy would be among the muni market's largest to date.

S&P lifted Graham's general obligation bond and certificates of obligation rating to A from BBB due to the city's earlier-than-projected financial turnaround.

Issuers using cash basis accounting pay a yield premium to sell bonds, according to a new paper, and their bonds are less likely to trade in the secondary.

Moody's Ratings has announced a credit rating downgrade to A2 from A1 for AU, due to operating pressure which comes on the heels of a 4% tuition hike earlier this spring.

A convention center, a wastewater treatment plant expansion, and a light rail system are among projects in the city that include bond financing.

Water supply woes continue to weigh on the Texas city's bond ratings, which have been hit with multi-notch downgrades and negative outlooks.

Reason's latest transportation finance report lays out barriers to U.S. pension funds investing in infrastructure and the P3 pipeline.

Primary market muni supply year-to-date is at $235.028 billion, up 4.3% year-over-year, according to LSEG.

Maryland drops Moodys a year after the ratings agency downgraded its credit as the state preps for a major bond sale this week.

The Trump administration and several states are leaning into public private partnerships as the idea of inviting private investment into public infrastructure gains more acceptance.

Saint Francis University in Pennsylvania, also grappling with the stresses facing many smaller schools, downscaled its sports program to NCAA Division III.