Public finance

The San Diego Community College District is among those joining the trend of buying back bonds in a tender to refund for savings.

As Congress hammers out the 2024 transportation budget, state DOTs warn that a timing problem with the flow of IIJA money could lead to a "potential lapse" of highway funds by September.

The city and its related issuers picked financial advisors to work on upcoming bond deals, including GO issuances, TFA deals and water authority sales.

The bank has also hired some analysts to its infrastructure group over the past several weeks as it plans to beef up its muni team.

Mr. Fish worked at Bankers Trust Co., Donaldson, Lufkin, & Jenrette and ABN Amro and had served as a chair of the Municipal Analysts Group of New York and been a president of the Society of Municipal Analysts.

Boston is more dependent on property taxes from commercial real estate, and property taxes in general, than most of its large-city peers.

The Ohio state Senate passed a bill that included $1.27 billion in bonds for state government facilities, classrooms, subdivisions and conservation projects.

The negotiated calendar is led by the Regents of the University of California with nearly $1 billion of general revenue bonds.

The new guidance modifies rules that stretch back to 2005.

Charlie Giffin, Public Finance Head, and Jamison Feheley, Head of Public Finance Investment Banking, at J.P. Morgan Securities, talk shop on risks and opportunities in the public finance industry with Bond Buyer Executive Editor Lynne Funk.

New MSRB Rule G-46 on the duties of solicitor municipal advisors goes into effect on March 1

"In Kentucky, we're working hard to ensure our place as a leader in economic development, and this growth in exports shows our efforts are succeeding," said Gov. Andy Beshear.

"When you add everything in this document up, it demonstrates you can make smart investments when you budget wisely, trust the market rather than try to dictate it, and empower your citizens more than you empower the government," said Georgia Gov. Brian Kemp.

Washington state lawmakers approved a $14.6 billion two-year transportation budget, a $1 billion increase.

High rates and high inflation, coupled with rich reserves, pushed off or delayed issuers coming to market in 2023, noted James Pruskowski, chief investment officer at 16Rock Asset Management.

Municipals look poised to close out February a touch in the black following a more constructive tone Thursday after being in a 'holding pattern' for much of the past two weeks.

Analysts say states can avoid short-term issues as a result of strong reserves but some may face challenges over the longer term.

Escalating costs led University of Utah Health to seek a doubling of its bonding authority from the state legislature for a medical campus project.

Spaceports should have the same access to tax-exempt financing as airports and seaports, supporters say.

Indiana saw a tax revenue windfall in January, with general fund revenues coming in 15.8% above last January's number and 9.3% above December's projections.