Public finance

Municipal supply slacks off this week as bond yields continue to inch higher.

Oak Ridge City Council approved the issuance of $13.75 million in city general obligation bonds to pay for three construction projects, a move which may lead to an 8-cent property tax rate increase.

Voters across America will be asked to approve over $75 billion of bonds in hundreds of state and local bond elections on Tuesday. Find out where the biggest requests are — and what they aim to finance.

The muni market was weaker again Friday, as yields followed Treasurys higher after government data showed strong job growth.

Puerto Rico granted $521 million in tax credits over the last seven months.

The muni market continued its recent trend of weakening everyday, while the October labor data was strong, with nonfarm payrolls jumping to 250,000 versus the expected number of 190,000.

Supporters of two higher education bond referendums say they will improve student recruitment and tackle the state's workforce challenges.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, inched up to 4.26% from 4.25% the week before.

New Jersey Transit delays Tuesday caused by a stuck 108-year-old bridge demonstrate the need for the Gateway project, backers say.

The muni market continued to weaken the day after Chicago pulled the biggest deal of the week.

The bonds for IndyGo are secured by a .25% local income tax approved by Marion County voters two years ago.

A local government watchdog raised questions because the repayment schedule for a planned $1.3 billion securitization extends beyond debt being refunded.

Such "granny flats" may be the next frontier for PACE financing.

Unsecured creditors have said they are unsure if they will support the Puerto Rico sales tax bond restructuring.

Munis will see the last weekly issuance roll in - as the past few days hasn’t gone as planned, with rising yields and rocky market conditions causing the biggest deal of the week to postpone the deal.

Under the mPower program, loans for energy retrofits are bundled into a revenue stream to back structured bonds sponsored by Placer Co., Calif. The program’s goal is in the spirit of energy efficiency and environmental sensitivity – a well-established policy in the state. Jenine Windeshausen, the county's Treasurer-Tax Collector and the county’s municipal advisor Kenneth Dieker of Del Rio Advisors review the program. John Hallacy is host.

Detroit will issue $112 million of new money GO bonds and is also considering issuing refunding bonds in December.

The city is looking to tackle infrastructure investments through a $181 million Election Day bond referendum.

Adverse market conditions delayed the $1.3 billion deal from Chicago’s Sales Tax Securitization Corp.

New York City Comptroller Scott Stringer released the city’s Comprehensive Annual Financial Report for Fiscal Year 2018 on Wednesday.