Trends in the Regions

State government own-source revenue declined 2.3% in fiscal 2025 from the totals in fiscal 2024.

Michigan lawmakers must pass a 2026 budget before Oct. 1, but the Republican-controlled state House and Democratic-controlled Senate are far apart.

Dallas Fort Worth International Airport plans to sell $2 billion of revenue bonds this week as it continues financing for a $12 billion capital program.

From leases for floating wind farms to projects nearly finished with construction, no offshore generation project is safe from the Trump administration.

Nevada's audited 2023 financials were released more than two years after the fiscal year ended. The state controller says structural changes will reduce delays.

The marquee project of many funded by next week's bond sale is the widening of the airport's Concourse D and the building of a Delta Sky Club lounge above it. 

The Westin Chicago Lombard's owner is returning to market with unrated bonds designed to cure payment defaults on debt issued to exit bankruptcy in 2018.

Data center projects, which are proliferating across the country, are taking advantage of tax breaks that can be costly for states and local governments.

The GOP reconciliation bill will cut $888 million in revenue from Oregon, state economists said, because its state tax laws conform with federal law changes.

A Category 5 hurricane could lead to more than $200 billion in damage, Moody's Analytics said in a report released before the 20th anniversary of Hurricane Katrina.

Two Midwest nonprofit healthcare organizations that have run into financial difficulty this month illustrate the role of Medicare and Medicaid reimbursements.

Legislation passed in Texas and other Southwest states this year seeks to increase or explore funding sources to finance water supply and infrastructure.

The relative rarity of the credit was compounded by their source of funds, the deal's size, and bond ratings slightly lower than New York state and city. 

The ultimately unrealized threat to the municipal bond tax-exemption and infrastructure needs were among the drivers of bond sales.

Dan Hartman of PFM attributed the drop to fewer prepaid gas deals, one-time large transactions last year like Jefferson County's and normal timing variations.

Midwest municipal bond volume surged more than 29% year-over-year to $46.05 billion for the first half of 2025.

Bond sales in the eight-state region totaled $54.9 billion, trailing the nation with an 8.1% gain year-over-year as Texas issuance slipped 7.6%.

Municipal issuers in the Northeast sold $72.25 billion of bonds in the first half of 2025, up 14.7% year-over-year, propelled by new money and GO deals.

Medicaid cuts and tariffs are expected to pressure already struggling small rural and urban hospitals, including 18 in California that borrowed from the state.

The resignation of the troubled mass transit system's CEO gives MARTA an opportunity to improve operations and to select projects to focus on.