Public finance

Teachers petition court for a rehearing before the full appeals court panel of judges.

San Antonio and Fort Worth voters approved bonds, while a few school districts stumbled, particularly with projects unrelated to academics.

Mayor Jorge Elorza said the reworked bond proposal was better than the larger one put before the state Legislature last year.

How technology, data and transparency can aid in rough markets. Lynne Funk talks with Stephanie Sparvero of Bloomberg BVAL. (21 minutes)

Despite outsized volatility and liquidity challenges ahead, the possibility of relief for munis is not too far off, analysts say, but USTs lead the way for exempts.

Despite the pandemic, operating revenues increased 7.6% from 2019 to 2020 and 8.25% from 2020 to 2021.

The nomination to the bistate agency comes as the long-stalled project could see its first infusion of federal funds.

The Texas Natural Gas Securitization Finance Corporation picked a team of underwriters to sell debt for utilities hit hard during 2021’s Winter Storm Uri.

Munis again outperformed U.S. Treasuries. Participants note that municipal to Treasury ratios and nominal yield levels are “extremely attractive,” which is generating some renewed interest among the retail crowd.

A national high-speed rail coalition penned a letter to the state's Democratic leaders saying allocating bond funds for the state's high-speed rail project would encourage federal support.

Shorter-dated and high-yield credit will be more likely to succeed in the current volatile environment.

Investors pulled more from municipal bond mutual funds in the latest week, with Refinitiv Lipper reporting $2.669 billion of outflows, though down from $2.875 billion of outflows in the previous week.

Illinois' latest upgrade is its fourth over the last year and moves its general obligation rating three notches away from the cusp of junk, where it once sat.

Analysts agree with Moody's that the island still faces financial risks.

The infrastructure package features $5.4 billion to fight wildfires. Issuers like California's Yuba Water Agency say the money is a game changer. 

Outflows continue with the Investment Company Institute reporting $5.371 billion pulled from muni bond mutual funds in the week ending April 27. Exchange-traded funds saw inflows at $1 billion.

The local government's bond restructuring law specified the tax was to go to the General Fund starting on March 15.

Joliet closed on two federal WIFIA loans that mark a milestone in the the city's plans to overhaul its water infrastructure.

The recovery is expected to continue this year and into next as the tourism industry looks to surpass 2019’s record-setting year.

Norman Mineta was a transformative force in transportation policy, capable of building bridges across the political aisle.