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Almost $3 billion of potential lost revenue from cuts in Maryland gasoline taxes could cripple spending for major transportation projects.
February 17
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U.S. Bankruptcy Court Judge Steven Rhodes, who oversaw Detroit's historic Chapter 9 bankruptcy, will retire Feb. 18, the court announced Friday.
February 13 -
It looks like it will be pretty quiet trading in the week ahead. Only about $4.6 billion of new municipal bonds are scheduled to be sold during the holiday-shortened week as issuers and underwriters will be watching market conditions closely.
February 13 -
Washington state lawmakers' new $15 billion transportation proposal funded with a higher gasolines tax and $4.3 billion of state GO bonds.
February 13
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Detroit will float $119 million of water and sewer bonds through the state's revolving fund under a resolution approved Thursday by the financial commission that oversees the post-bankrupt city.
February 13 -
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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, rose 9 basis points to 4.21% from 4.12% for the week ended Feb. 5.
February 12 -
U.S. Bankruptcy Judge Steven Rhodes has approved $183 million of fees charged by professionals during the city's bankruptcy, in a ruling that heaps praise on the attorneys and consultants who worked on the city's behalf.
February 12
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House Transportation Committee approved rail legislation that prompts Amtrak to seek private partners for station development projects.
February 12
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Transportation Secretary Anthony Foxx warns states of cutbacks in federal highway funding if Congress doesn't pass a transportation bill by May 31.
February 11
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Moody's Investors Service reported more upgrades than downgrades by number and par value in the fourth quarter, marking "economic and financial stabilization" in public finance.
February 11 -
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Four congressional Democrats and Republicans are preparing to send a letter signed by almost 300 colleagues that urges House leaders enact multiyear transportation funding legislation before May 31 when the current law expires.
February 10
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Standard & Poor's upgraded Miami's general obligation bond ratings to A-plus from BBB citing the city's improved financial management practices and budget flexibility.
February 10
