Public finance

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.

Some strategists say they will increase credit quality and shorten duration for overall risk protection, while others are identifying premium bonds, bonds with short calls, and those with average life structures to boost yield.

MINNESOTA

Report from GAO finds states challenged by need to fund bridge projects from limited resources.

Regardless of which candidate takes the oath of office next January, improving our country’s infrastructure will be on the next president’s agenda.

ALABAMA

ARIZONA

MarketAxess Holdings Inc. said it expanded its execution choices for its municipal bond platform to include Muni Offerings.

Planners for a 10-county region around Nashville have approved a 25-year, $6 billion transit program.

A bill introduced in the Senate Thursday by three New England Democrats would create a federal green bank in order to attract larger private investments in clean energy and energy efficient projects.

ALABAMA