Public finance

COLORADO

Funding provided by $200 billion of transit initiatives on November ballots would be big investment boost for public transportation.

INDIANA

FLORIDA

Many of the largest state pension plans averaged less than 1% returns for the fiscal year ended June 30, most likely leading to a national trend of depressed funding ratios and increasing pressure on states to fund those pensions, S&P Global Ratings said Monday.

KENTUCKY

ARIZONA

Professional sports stadiums built or significantly renovated with the help of tax-exempt bonds since 2000 have cost the federal government a total of $3.7 billion, according to a study released by the Brookings Institution.

Jefferies said it received good demand for the $292.26 million of tobacco settlement pass-through bonds it priced for the New York Counties Tobacco Trust VI.

The Senate may vote Monday on whether to limit debate on a $9.4 billion bipartisan water bill that would provide $220 million in federal funding to remedy the Flint, Mich., water crisis as well as to help other municipalities facing water infrastructure issues.

Central Texas transportation planning agency is looking into a proposed aerial tramway system in Austin.

Muni bond broker Matthew Picerno, who perished in the 9-11 attacks on the World Trade Center, had a larger than life personality that was evident at his job at Cantor Fitzgerald, and within his family and home life.

ARKANSAS

ALABAMA

In the week ended Sept. 8, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose two basis points to 3.76% from 3.74% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

States are expected to use almost $800 million of new federal grants aimed at smooth freight shipments to leverage another $3.6 billion of infrastructure investments from other sources.

CALIFORNIA

ARKANSAS

FHWA will reallocate $2.8 billion of unspent federal highway funding to 49 states in fiscal 2016.

Indiana will receive an upfront payment of $50 million under terms of a proposed deal to lease the state’s communications infrastructure, including its existing cell towers, to a Canton, Ohio –based private operator.