Trends in the Regions

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.

With Chicago-area transit's fiscal cliff looming, the area's transit agencies are searching for revenue fixes and prepping for two key milestones this fall.

A flow of public dollars to private schools has raised credit concerns about public schools and spurred litigation in Southwest states.

Hospital acquisitions, expansions and the anticipation of federal policy changes has increased bond issuance from the California Health Facilities Financing Authority.

Florida is poised to reap the rewards of spaceport financing legislation, even if some headwinds remain.

St. Paul, Minnesota, is recovering from a cyber attack that overwhelmed the city's defenses ahead of its Aug. 19 bond deal close.

The state faces a $1.2 billion revenue hit in fiscal 2026 , as well as future spending pressures, from President Trump's One Big Beautiful Bill.

The health network has struck up a partnership with the Dana-Farber Cancer Institute and is selling debt to finance the related infrastructure in Boston. 

Analysts say the outcome of the special session called by Gov. Tina Kotek to avert layoffs and close a transportation funding gap could affect ratings.

The city has promised to contribute $625 million to the stadium project. The team, owned by billionaire Shahid Khan, is to come up with $625 million of its own.

Lincoln's City Council unanimously passed three ordinances on Monday paving the way for the bond-financed construction of a new central public library building.

The city council signed off on an $810 million debt sale, while it considers asking voters for a property tax rate increase this year to address budget gaps.

The cuts to Medicaid enacted by Republicans in Washington have such enormous negative ramifications for New York State's hospitals, government and patients.

The airport, also selling $412.8 million of new money, will join a bevy of issuers who have deployed a tender offer in the hope of realizing refunding savings.