Public finance

TEXAS

ALABAMA

Weekly volume is expected to exceed $8 billion again, with most of the bigger deals related to education.

A House bill would stop federal funding for public transit and bike paths to protect solvency of the Highway Trust Fund.

ILLINOIS

ALABAMA

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased six basis points to 4.25% from 4.31% for the week ended March 12.

Bel Air Investment Advisors LLC opens, a Los Angeles-area firm that manages $7 billion in assets including many munis, opened a San Francisco office as part of a larger expansion plan.

Another short-term fix of the Highway Trust Fund is likely as Congress struggles with how to pay for a multiyear transportation measure.

Water utility executives from 47 states stormed Capitol Hill to urge lawmakers to repeal a ban on the use of tax-exempt bonds for projects already benefiting from certain federal assistance.

CONNECTICUT

ALABAMA

Airport capital needs will total $75.7 billion through 2019 to keep pace with increases in passenger and cargo loads.

Michigan senators approved a bill giving investors in Detroit’s income tax-backed bonds both a statutory lien and an intercept aimed at snagging at least one investment-grade rating on the city’s first post-bankruptcy bond deal set for the spring.

ARIZONA

ARIZONA

State and local officials see chaos ahead for highway funding if Congress doesn't quickly pass a long-term transportation bill.

Fitch Ratings last year had more positive ratings than negative ones in United States public finance for the first time since 2008.

Senate Minority Leader Harry Reid and two fellow Democrats have introduced a bill that would provide $50 million in federal grants for each of fiscal years 2015-2019 to help states, local communities, and tribal governments upgrade their water and wastewater infrastructure systems.

ALABAMA