Trends in the Regions

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

Tardy annual financial audits could strip Texas cities of their ability to raise property tax rates under a state law that takes effect Sept. 1.

The top finisher in the Democratic mayoral primary wants the city to issue $70 billion of additional affordable housing bonds. 

Sacramento Municipal Utility District officials credit the Kestrel green verification for attracting a new buyer to its commercial paper.

The first public bond issue from Everglades College, Inc., will finance projects on the institution's Keiser University flagship campus in West Palm Beach.

Indiana's Senate Enrolled Act 1 raises questions about local income tax-backed bonds, appearing to lack protections for bondholders as currently written.

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

The bonds will help fund the agency's capital improvement plan.

Washington and Oregon are still nailing down the final cost and toll rates for the long-planned replacement for the aging spans carrying I-5 across the river.

Deals from two small Michigan cities show how bond-funded improvements are used to keep up with water infrastructure replacement needs.

K-12 public schools get a $55 per-student increase in the state basic allotment, while other funding is allocated to specific purposes.

Civic Builders, a 23-year-old nonprofit charter school developer and financer, borrowed though the public municipal bond market for the first time.

The tribal movement toward energy independence through renewable-powered microgrid projects has been slowed, if not stalled, by shifting political winds.

Southeast state governments are among the most dependent on federal Medicaid, SNAP and FEMA funding.

The Columbus City Council approved a November ballot measure seeking voter approval for $1.9 billion of triple-A-rated general obligation bonds.

Municipal bond issuers in the state dodged a barrage of bills in this year's legislative session seeking to constrain their debt sales.

The university cut campuses in areas with declining populations; this week it plans to issue bonds to fund football stadium renovations.

The upshot of the report by Payden & Rygel's Travis McGahey is that the risk of severe credit deterioration and bond defaults remains low.

The North Carolina Office of State Budget and Management says the state will have widening deficits starting in fiscal 2026 unless changes are made.

The St. Louis tornadoes came after the National Oceanic and Atmospheric Administration mothballed its tracker of billion-dollar weather and climate disasters.