Public finance

The county treasurer's new report describing large hikes in Chicago residential tax bills effectively takes property tax hikes off the table for the city.

The transaction, which supports the Navajo community in Ganado, Arizona, represents a major landmark in furthering Native American health care infrastructure, overcoming hurdles tribal governments typically face in issuing municipal debt to open a replicable path to market other indigenous health systems can follow.

This movement comes on the heels of muni yields remaining relatively unchanged throughout November.

City Council President Jean-Paul Morrell said Mayor LaToya Cantrell had engaged in a "breathtaking abdication" of her job.

A New York state board advanced three proposals to build casinos in New York City, two in Queens and one in the Bronx.

The toll road agency's financial and other practices were targeted in a November legislative study, which could lead to another round of reform legislation.

The muni market recorded its fourth straight month of positive returns in November and December is likely to keep the streak going with another strong month to round out the year.

Sterling College is one of 10 federally recognized work colleges, a designation that means students are required to work as part of their courses.

November volume was $38.487 billion, up 51.1% from $25.47 billion in 2024. This is above November's 10-year average of $33.743 billion.

King County, Washington plans a $422.2 million competitive sale of limited tax general obligation bonds for Wednesday.

The new debt is a "bridge loan" until the company can raise fresh financing, a bondholder said.

The deal combined the benefits of a green designation with a massive, highly visible airport project.

Preliminary November issuance figures are at $37.054 billion, up 45.5% year-over-year, according to LSEG.

Bond issuers in the water sector are concerned about a reduction in WIFIA loan closings as some point to competition from municipal bonds as a cause for a decline in their popularity.

22 municipalities are suing the state over vehicle-license fees they say California has failed to pay them.

Moody's cited narrowing financial flexibility and declining debt service.

Moody's Ratings has put McLaren Health Care Corporation's A1 revenue bond ratings under review for downgrade after Indiana ended a key Medicaid contract with the company.

Wisconsin's February deal introduced a fixed spread tax-exempt tender that saved taxpayers millions — and won The Bond Buyer's Deal of the Year award in the innovation category.

"Dealer inventories have grown heavier throughout [November], which could put pressure on the market if supply reverts to its weekly average of over $10 billion," said Chris Brigati, CIO and managing director of SWBC, and Ryan Riffe, SVP of capital markets at the firm.