Politics

The district is planning to bring $1.17 billion of revenue bonds to the market next week.

"Currently, we are spending a lot more time of our day in the regulatory space in responding to proposed rules and changes," GFOA's Paige Mellerio said.

Federal Reserve Gov. Lisa Cook said risks, including geopolitical tensions, are tilted toward higher inflation in the near term.

Advocates in Congress are now looking at the possibilities for the Modernizing Agricultural and Manufacturing Bonds Act offered by a third reconciliation bill, a lame duck session, or Trump-propelled legislation early next year.

Milwaukee is considering a bond-financed municipalization of its electric utility, which is currently run by investor-owned We Energies.

The Senate Environment and Public Works Committee released a bipartisan agreement on the Water Resource Development Act, a positive step toward answering questions about state revolving funds used by local water authorities for infrastructure improvements.

The Build America Bureau "continues to work with the project sponsor to obtain the information required for the creditworthiness review," said a USDOT spokesperson.

CPI inflation remains above the Federal Reserve's 2% target, but the slower rate of increase gives the central bank time to weigh the best course of action.

The new Fed chairman has emphasized policymakers' commitment to tackling inflation since he took office in May and said the number one objective is to get monetary policy right.

Increased use and size of the economic development tool led to the exemption of about $1.1 billion in property taxes between 2010 and 2024.

Tracking with the larger U.S. managed lane sector, the company enjoyed strong growth in its North American market.

The Federal Reserve governor said the central bank should consider near-term rate hikes if core-measures of inflation continue to climb.

Sen. Lindsey Graham's death adds another challenge for Congress as the GOP will find replacements for his committee assignments, including the Environment and Public Works, which oversees the surface transportation bill reauthorization.

Mayor Helena Moreno is concerned state officials may target a casino lease deal the city recently made.

If a fix is not found, the fate of the Highway Trust Fund will get caught up in insolvency debates, said Eno Center for Transportation.

The state's voters will be weighing more than a dozen statewide bond and tax measures come November.

With the future of U.S. public funding for infrastructure remains cloudy in terms of quantity and delivery methods, sentiment appears to be shifting towards allowing more private investment.

Discretionary termination of grants allowed under the rule would pose a particular risk, issuer advocates said.

State budgets are in a state of flux due to aging populations and changes in federal spending policies that are affecting revenue and reserve funds.

Former Rep. Bill Archer, who chaired the House Ways and Means Committee for three terms, died Saturday at the age of 98 leaving behind a tax writing legacy that began in 1994.