The public finance industry has been tracking the growth of the IRS budget with concerns that funding boosts would translate into higher audit rates for bond transactions.

Los Angeles Mayor Karen Bass aimed high in her State of the City speech just days before she will release a budget that needs to close a nearly half-billion-dollar deficit.

"We believe in this," Transportation Secretary Pete Buttigieg said.

The city may have to make deeper cuts next year if voters don't approve two tax increases headed for the November ballot, if the City Council approves.

The most recent open solicitation period, last October, yielded three proposals.

BABs can offer value for investors who can stomach the call risk, said municipal strategists.

"The financial and engineering industries need to align to get the owners to do what it is they need to do to make sure it's a durable asset," said Maria Lehman, immediate past president of ASCE.

Gary Hall, President of the Infrastructure & Public Finance Division at Siebert Williams Shank & Co., joins Bond Buyer Executive Editor Lynne Funk to talk about the importance of the muni industry in financing the country's extensive infrastructure needs -- from ports and airports to bridges and energy solutions.

Celebrating Ohio's "highest possible credit rating," Gov. Mike DeWine delivered his State of the State address to the General Assembly in Columbus.

Water systems will have five years to comply, although the Biden administration estimates only between 6% and 10% of systems will need to treat.

West Virginia Treasurer Riley Moore, who's put banks on a blacklist for their support of ESG policies, is up for (and very likely to win) one of the state's two seats in the U.S. House. Here's how he got there, and what it'll look like when he tries to bring his anti-ESG policies national.

The city gave no reason for the cancellation of its redemption plans or bond issuance, but reserved the right to call the 2010B BABs for redemption in the future.

The minutes underscored officials' reluctance to lower rates until they have more evidence inflation is firmly on a path to 2%, the rate they see as the sweet spot in a healthy economy.

Capital outlay investments in the governor's "common ground budget" provide over $1.4 billion in general fund cash and tax-supported debt for projects, including $100 million of bonds for improvements to wastewater treatment plants.

Utah's Seven County Infrastructure Coalition has asked the U.S. Supreme Court to review an appeals court ruling that led to the loss of federal permits for a proposed bond-financed railway that would transport crude oil.

The T&I Committee is holding hearings on another landmark infrastructure bill.

The state's transportation commission took action to end a comprehensive development agreement for a partially bond-financed toll lane project on State Highway 288.

New York State officials are unlikely to meet today's extended deadline for finalizing a fiscal 2025 budget and will probably push it back again.

California Gov. Gavin Newsom reached an agreement with Democratic leaders on early deficit-reduction tactics.

The aim of the program was to create affordable moderate-income housing more quickly by acquiring existing apartment communities and converting the units to below-market-rate as existing tenants moved out.