Revenue bonds

Roycemore School defaulted this month on unrated revenue bonds issued through conduit Evanston, Illinois. The private school will close its doors in 2026-27.

Pennsylvania fuel consumption has been gradually declining, Fitch analysts wrote, straining the security for the turnpike's oil franchise tax revenue bonds.

Water infrastructure projects in the 2027 plan are aimed at accommodating projected population growth and addressing dwindling supplies.

Cook County, Illinois, will return to market next week with $119.5 million of Series 2026 fixed rate, tax-exempt sales tax revenue bonds.

The Texas city needs higher rates in part to support future debt that would be issued for $1.1 billion of water supply projects that are underway.

The deal funds the municipalization of a private water utility that had been controlled by investor-owned utility Eversource.

Milwaukee is considering a bond-financed municipalization of its electric utility, which is currently run by investor-owned We Energies.

The city's issuer rating was raised a notch to Aaa and ratings for other debt, including for its water and wastewater utility system, were also upgraded.

Increased use and size of the economic development tool led to the exemption of about $1.1 billion in property taxes between 2010 and 2024.

Some Southwest states and local governments are reassessing data center developments amid public backlash and litigation against the proliferating projects.

Academics, policy makers and lawmakers are exploring ways to deal with the rising costs of operating bus lines and identify funding options.

A state court validated up to $1.35 billion of Series 2026 special tax revenue bonds for a project to replace the city's convention center.

The potential timing for a water supply emergency, which had been projected for December, was pushed nine months into the future with the help of rainfall.

Debt proceeds are earmarked for renovations to the university's football stadium, as well as for student housing, parking and other athletic projects.

The nearly $18.3 billion fiscal 2027 budget signed by the governor this month provides $1.4 billion in tax cuts over four years.

Alexandria, Va. is moving forward with a $155 million plan to convert a former power plant into a 2.5 million square feet development by leveraging tax increment financing and bond sales.

The spending plan includes revenue-raising measures involving the bond-issuing combined utility system that have sparked concerns by the city's controller.

Macon-Bibb County, Georgia, plans to issue $350 million of debt for new sports and entertainment arena anchored by a team called the Macon Mayhem.

A proposed $3 billion sports and entertainment district would involve bond issuance for a Dallas Stars hockey arena and public infrastructure.

A convention center, a wastewater treatment plant expansion, and a light rail system are among projects in the city that include bond financing.