Sales tax

The Fayetteville City Council will decide in October whether to put bonds backed by an extension of a one-cent sales tax on the March 2026 ballot.

If Gov. Gavin Newsom signs the two bills, it would be credit positive for San Francisco area transit, Moody's Ratings analysts said.

The mega-mall's investors will receive their second payment since the reserve fund ran dry in 2022.

A 2024 Illinois law changing sales tax distributions has ramifications for the fiscal cliff facing Chicago-area public transit agencies.

Yorkville, Illinois, defaulted on special district bonds for Kendall Marketplace, a shopping center that never evolved into the expected retail powerhouse.

The $247.75 million of unrated tax-exempt bonds will finance public infrastructure and projects for an initial development on state-owned land.

The Delta Center hockey and basketball venue will be renovated with proceeds from the $900 million Downtown Revitalization Public Infrastructure District deal.

The up to $385 million of sales and use tax revenue bonds will finance sewer projects to address sanitary system overflows under a federal consent decree.

Legislation would overhaul Dallas Area Rapid Transit's financial structure in a way that could impact outstanding debt and derail bonds for Austin light rail.

Fiscal 2026 general fund revenue for the city, which is considering a November bond election, is expected to be flat amid economic uncertainty fueled by tariffs.

Goldman Sachs was tapped to lead a sales tax revenue bond issue to finance an arena to replace Paycom Center, home of the NBA's Thunder.

The Lone Star state, the nation's largest exporter of goods, could be hit economically by a tariff war, particularly with Mexico, its biggest trading partner.

Missouri lawmakers have opened a new salvo in the battle with Kansas over who gets to fund new stadiums for the Kansas City Royals and the Kansas City Chiefs.

Legislation to continue a sales tax and revenue bond program until July 1, 2028, and allow its use for mall redevelopment projects, passed the Senate.

In a first for the Midwest, a southern Illinois city plans to redevelop a mall using proceeds from sales tax and revenue bonds.

The county would hold a special election for a sales tax to provide more funds to build and operate a bond-financed jail project that faces rising costs.

While the new tax policies should address the state's projected deficit, rating agencies are cautious about the projected revenues and federal spending on Medicaid, which could impact Louisiana.

The state comptroller forecasts a $23.8 billion budget balance at the start of fiscal 2026-27, down from a record $39.4 billion for fiscal 2024-25.

Wish lists for new or improved professional sports venues are piling up with Oklahoma City poised to vet financing proposals for a downtown basketball arena.

Six Texas cities sued the state comptroller over a rule that altered where sales taxes would be collected on certain online purchases.