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The Federal Transit Administration will distribute $266 million of competitive grants this year for transit infrastructure and environmentally friendly bus projects.
March 30
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In the Flint, Mich., case, Congress seems to be making clear it will increase its criticism of state and local leaders, but avoid any fiscal or moral responsibility.
March 30
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Private investors in Marylands multi-billion dollar Purple Line P3 rail project will finance their share of construction with a federal loan and private-activity bonds.
March 29
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The impact a Chapter 9 bankruptcy would have on Chicago Public Schools and its investors is cloudy, market participants say.
March 29
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As Congress ponders a solution to Puerto Ricos financial crisis, some members of the buy side community say a comprehensive debt restructuring could create buying opportunities.
March 29
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New Jersey labor unions are calling for the states pension fund to scale back its alternative investments to help cut down on fees paid to Wall Street firms.
March 28 -
Mississippi state senators approve a placeholder measure that keeps a proposed gas tax increase on the table.
March 28
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Fitch Ratings recent guidance on school bond ratings wont bring across-the-board higher ratings to California school bonds; the agency will require a legal opinion to consider such GO bonds to be special revenues in a bankruptcy case.
March 28
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Chicago Transit Authority will use a $255 million federal TIFIA loan to replace more than 800 rail cars.
March 24
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In the week ended March 23, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell two basis points to 4.06% from 4.08% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.
March 23 -
States can compete for $95 million of federal grants for experiments with user-based road funding mechanisms.
March 23
