Public finance

Targeted increases in transportation infrastructure funding are needed to overcome a 10-year backlog of neglected projects.

Municipal managers say they're continuing to shield their clients' municipal assets from higher rates even though the timing of a rate hike remains uncertain and some are beginning to doubt rates will spike in the near term.

ARKANSAS

ARIZONA

As spreads on bonds from the recent Detroit Water and Sewer, Chicago Water and Chicago Wastewater deals tighten, some analysts warn these credits might not be as safe as investors think.

Transportation Department doesn't account for how it awards federal TIGER grants, GAO says in new report.

A Michigan board Wednesday voted to approve two emergency loans to cash-strapped Detroit suburbs, which are under state control, that will be used for pension payments.

FLORIDA

COLORADO

Gasoline tax revenues are not a reliable long-term source for financing transportation infrastructure, Pew Charitable Trusts said in new report.

As the issuance of green municipal bonds climbs this week, the bonds performance in the secondary market shows mixed results.

Detroit officials could announce the future of emergency manager Kevyn Orr's role in the bankrupt city after his term ends Sept. 27. Some city council members reportedly favor a limited role to oversee the final weeks of the bankruptcy.

ILLINOIS

CONNECTICUT

Bond insurer Financial Guaranty Insurance Co., standing alone as the last major creditor holding out in the Detroit bankruptcy, challenged the city's recent settlement with fellow insurer Syncora Guarantee Inc.

Transportation advocates want to put the kibosh on congressional proposals to slash the federal gasoline tax and turn over almost all highway funding to the states.

IOWA

ALABAMA

Volume is expected to edge up for the second week in a row as over $7 billion is predicted to arrive in the primary market, anchored by a pair of billion-dollar deals from New York and California.

The Detroit City Council Friday approved a new regional water authority to take over the bulk of the Detroit Water and Sewer Department and also gave the green light to the city's bankruptcy settlement with bond insurer Syncora Guarantee Inc.