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The House Appropriations Committee on Thursday approved a fiscal 2017 appropriations bill that would reduce funds for the Internal Revenue Service, the Securities and Exchange Commission and the District of Columbia.
June 10
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The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell four basis points to 3.86% from 3.90% in the previous week.
June 9 -
South Carolina Gov. Nikki Haley gave her assent to a bill authorizing $2.3 billion of revenue bonds for highway projects.
June 9
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BlackRocks municipal group said that although June may present some headwinds, any pullback in the market could be seen as restoring value and presenting a buying opportunity.
June 8
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Construction of Maryland's Purple Line P3 rail project will be financed with PABs and a low-interest TIFIA loan.
June 8
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Although credit quality has stabilized since the Great Recession, pension liabilities threaten municipalities with reduced revenue supply and growing expenses.
June 8
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Voters in Wake County, N.C., will decide in November whether to approve a 0.5% increase in the local sales tax to fund a 10-year, $2.39 billion transit plan to reduce highway congestion in the Raleigh area.
June 7
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The U.S. Department of Transportation has received 585 applications seeking $9.3 billion of Transportation Investment Generating Economic Recovery (TIGER) grants almost 19 times more than the $500 that is to be awarded later this year.
June 7
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The condition of the states road network will worsen without additional investments in highway infrastructure, said Illinois Transportation Secretary Randy Blankenhorn.
June 6
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In the latest installment of Muni Minute The Bond Buyer's 60-second video series that examines a top municipal market story that will impact the coming week we look at how the San Diego County Water Authority is reaping the benefits from the nations largest seawater desalination plant and is expected to hit market with a triple-A rating for the first time ever.
June 6
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