Public finance

Moody’s Investors Service offered a mixed picture of states’ progress on dealing with their pension liabilities in fiscal year 2014.

Standard & Poor's socked the already junk-rated Chicago Board of Education with a two-notch downgrade Friday as the fiscally embattled district prepares to come to market later this month.

Tennessee Gov. Bill Haslam will not propose an increase in the state’s gasoline and diesel taxes during the 2016 legislative session.

Only 7% of the nation’s 3,069 counties have fully recovered from the last recession, according to research by the National Association of Counties.

ARKANSAS

ALABAMA

In the week ended Jan. 14, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell three basis points to 4.15% from 4.18% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Indiana lawmakers are considering three competing proposals to provide additional funding for state transportation projects.

Municipals are benefitting from an asset reallocation after international and domestic volatility spooked investors in the weeks leading up to 2016.

ARKANSAS

ARKANSAS

Capital needs are rising in the public transportation sector as aging infrastructure must be repaired or replaced, S&P says.

ARKANSAS

FLORIDA

Gov. Gina Raimondo’s plan to impose highway tolls on trucks in Rhode Island is based on faulty revenue projections, said a trucking industry-commissioned study.

Missouri will go ahead with planned road work with unexpected jump in gas tax revenues and a five-year extension of federal highway funding.

IOWA

ILLINOIS

Omnibus federal budget law revives more than $2 billion of unexpended state road earmarks for new use.

The lack of supply to meet demand – especially for yield – is seen as benefitting Chicago, Chicago Public Schools, and Illinois when all three fiscally distressed credits land in the bond market during the next two weeks.