Public finance

MacKay Municipal Managers has released its list of the top five trends to watch for in the municipal market this year.

Talk of selling the island's power authority comes amid its restructuring of $8.2 billion in debt.

Tax-exempt private activity bonds, which came close to being terminated in tax reform legislation, are now a centerpiece of the Trump administration's leaked infrastructure plan -- and market participants hope to use this as a springboard for a return of tax-exempt advance refundings.

Gov. John Bel Edwards released a spending plan for 2019 targeting health care and higher education to bridge much of the deficit.

State agencies are also holding $2.3 billion of bills that can’t be paid until lawmakers approve appropriations, the state comptroller said.

A pre-marketing wire on the Sales Tax Securitization Corp.'s $366.2 million of tax-exempts indicates the Chicago deal may see wider spreads than in its bond sale last month.

President Trump's purported latest infrastructure plan would remove state volume caps, advance refunding prohibitions and state volume caps from private activity bonds used for infrastructure.

The Regional Transportation Authority of Northeastern Illinois has begun laying the groundwork for a campaign to raise more public money.

Key variables include how Gov. Andrew Cuomo and the MTA would use the roughly $1 billion projected for mass transit, New York City's role and how Albany would tweak the measure.

Although tax reform concerns pushed issuers into the market in December, CUSIP requests for the year, were lowest since 2014.

State officials cited the need to package its $800 special tax obligation bond sale separately from their general obligation credit.

A polling consultant informed the Vallejo school board on Wednesday that the district is in a unique position after survey results revealed residents support a possible school bond but they don't trust the district.

Under a new approach to keep up with an aging road system, New Mexico voters could get the opportunity this fall to decide whether to use state bonds to pay for highway projects.

Santa Fe Community College leaders are hoping taxpayers will vote for a $17 million bond that will allow the college to build a new auto repair facility, renovate the campus fitness center and upgrade the school's technological systems.

The law firm has promoted seven public finance lawyers to partner over the past five years.

Municipal bond traders return to work with yields and the revamped Chicago deal in their sights.

The Senate remains deadlocked over how much to increase an $81 billion disaster aid package that was approved by the House in December.

The city will see Monday if its retooled sales tax securitization issue is a go with the market.

"We've been playing games with the revenue estimates for decades," a former Treasury secretary tells the Oversight Board.

Muni volume in the last week of January is forecast to match that of the first three weeks combined, satisfying pent-up investor demand.