School bonds

California State Controller Malia Cohen was asked to form a task force to draft best practices for the state's charter schools after 11 San Diego charter schools became embroiled in a fraud case.

The Los Angeles Unified School District bonds carry a sustainability label with a third party opinion from Kestrel.

Piper Sandler has hired Joe Kinder and Brent Blevins as managing directors on its public finance team. Both will focus on Missouri school districts and issuers.

The one-notch general obligation and certificates of participation rating downgrades resulted from the application of Fitch's updated criteria.

Agency cites growing debt levels and midrange demographic and economic factors.

The bonds, expected to be rated Aa2 by Moody's, will will be among the earliest general obligation bonds sold by Kentucky school districts since the state passed a law in April allowing such debt by school districts.

Charter school bond issuance have leveled off as issuers consider labels and alternative structures.

Issuers in the eight-state region sold $50.6 billion of bonds with Texas accounting for 65% of the volume.

Eduardo Ramos had faced insurance fraud charges that were unrelated to his work at the school district.

Missouri's Kansas City Public Schools is looking to take its modernization plan to voters and seek approval for a $474 million GO bond measure next April.