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In the wake of Detroits chapter 9 filing, distressed municipalities need to consider a more long-term view, municipal analysts said Monday at The Bond Buyers Mid-Atlantic Municipal Market Conference.
September 21
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Oregon must spend an additional $3.6 billion over the next 20 years to keep aging state highway bridges at current conditions, Oregon DOT says.
September 21
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Municipal bond volume is forecast to hold steady in the coming week after the Federal Open Market Committee decided to keep the benchmark interest rate near zero.
September 18
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Brazos County wants a ruling from the state on property tax exemption of a bond-financed P3 dormitory at Texas A&M.
September 18
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Based on GASB 25 data, 2014 was the best year for state pensions since the recession, Loop Capital Markets said in its public pension funding review.
September 18 -
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Municipal bond funds saw outflows for the fourth straight week, according to Lipper data released on Thursday. Weekly reporting funds experienced $411.069 million of outflows in the week ended Sept. 16, after seeing outflows of $95.986 million in the previous week, Lipper reported.
September 17 -
The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was three basis points higher to 4.47% for the week ended Sept. 17 from 4.44% in the previous week.
September 17 -
State tax revenues increased 5.8% in the first quarter of 2015 from revenues in the first quarter of 2014, according to the Nelson A. Rockefeller Institute of Government.
September 17 -
Low balances in the Highway Trust Fund could result in delayed reimbursements to states for transportation projects by Thanksgiving.
September 17
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Sen. Bernie Sanders and Ohio Gov. John Kasich are rated as the most infrastructure-friendly candidates in the 2016 presidential field.
September 16
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New Jersey Governor Chris Christie and New York Governor Andrew M. Cuomo delivered a letter to President Barack Obama Tuesday outlining a framework aimed at achieving funding for a new trans-Hudson commuter rail tunnel.
September 15 -
Connecticut received a $700,000 federal grant to study of transit-oriented development in the Hartford line corridor, which covers New Haven, Hartford and Springfield, Mass.
September 15 -
A proposed P3 procurement center at the Transportation Department would assist states in reaching effective agreements with private investors.
September 15
