Public finance

Municipals head into the final week of the first half of 2022 on more stable footing, but a cautious tone hangs over the market.

Cook County projects a surplus this year and a $18.2 million gap for fiscal 2023 while it readies two bond sales.

The judge set May 2 deadline that was extended until June 1 and then July 1. Mediators now want until Aug. 1.

Refinitiv Lipper reported smaller outflows at $1.6 billion, down from the $5.6 billion the week prior. It brings the total outflows to $45.7 billion year-to-date.

An appeals court ruled the Oversight Board can stop laws that are inconsistent with PROMESA's purpose.

The National League of Cities’ 2022 State of Cities report shows a shift to funding infrastructure through a public safety lens in a post-COVID world.

Construction material costs, which often rise faster than the consumer price index, have surged over the last year while a shortage of skilled construction workers has plagued the industry.

The Investment Company Institute reported investors pulled $6.243 billion from muni bond mutual funds in the week ending June 15.

Moody's downgraded the university and its housing and parking borrowing arm ahead of a bond sale to support the school's goal of increasing on-campus housing.

The proposed gas tax holiday would hold the Highway Trust Fund harmless with a $10 billion subsidy.

Austin Independent School District may put as much as $1.5 billion of bonds on the Nov. 8 ballot with some of the proceeds earmarked for building security.

S&P raised the outlook to positive for St. Louis Lambert's general credit and Chicago O'Hare's customer facility charge credit.

After a deal fell apart last year amid controversy over private prisons, the state returns with new underwriters and a traditional municipal finance structure.

The airport benefits from growing population “that skew[s] young and wealthy,” the rating agency said.

The lighter calendar may help ease the imbalance between demand and supply, as selling pressure in the secondary has weighed significantly on the market tone.

Easing federal wetland standards could spark a “race to the bottom” as newly polluted water would flow into downstream states, a group of largely Democrat-led states argued in a Supreme Court brief.

The Kenmore-Tonawanda school district in Erie County, New York, may piggyback on a planned August note sale.

This week's $61.8 million Wisconsin Health and Educational Facilities Authority deal folds two new subsidiaries into the obligated group.

Investors will be greeted Monday about $6.4 billion of new issuance led by triple-A Georgia general obligation bonds and Los Angeles notes.

The finance team is already lined up for the first of multiple issuances of bonds to help launch the first phase of the $9.5 billion New Terminal One project.