Public finance

ARKANSAS

ALASKA

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell two basis points to 3.81% from 3.83% in the previous week.

The House passed its Water Resources Development Act, which would authorize $170 million to help address Flint, Mich.’s drinking water crisis.

The UCLA Anderson Forecast economists discussed what impact policies proposed by the presidential candidates would have on economic growth.

The Internal Revenue Service has informally advised the Baker Correctional Development Corp. in Florida that $45 million of first mortgage revenue bonds it issued in 2008 are taxable.

Sweet Briar College saw its revenue bonds upgraded four notches, although still within junk territory, because of efforts to keep the 114-year-old Virginia women's institution open.

DALLAS – The Texas A&M Transportation Institute will look into the feasibility of an eight-mile aerial tramway system in Austin known as the Wire that would move passengers high above the city’s often gridlocked roadways.

The DC Water and Sewer Authority closed on a historic deal Thursday, issuing the nation's first Environmental Impact Bond to fund the initial green infrastructure project in its DC Clean Rivers Project.

ARIZONA

ALABAMA

The Senate on Wednesday passed a continuing resolution that would keep the federal government running through Dec. 9, preventing a government shutdown on Oct. 1.

Infrastructure projects in the U.S. are plagued by long pre-construction periods, an under-utilization of the public-private partnership financing model, and an inability to both gain support and access capital, a panel of market participants said this week.

Technology-driven transportation projects will be funded with $15 million of new federal Smart Cities grants.

A second edition of Chapman and Cutler LLP’s “Municipalities in Distress” was released Wednesday four years after book’s debut.

ARKANSAS

ARKANSAS

Northern Illinois University’s Center for Governmental Studies and Department of Accountancy announced the availability of a new draft taxonomy that will enable analysts to compare financial information over time and between governmental units.

A group of Democrats and Obama administration officials are urging the Republican-led Congress to include Flint aid in either the Water Resources Development Act of 2016 or the government spending measure that must be passed by the end of the week to avoid a government shutdown.

Municipal experts say the fourth quarter municipals should continue to garner strong demand from investors in the last three months of 2016.