Trends in the Regions

One-time spending, rainy-day funds and fare hikes are forming a rickety bridge for crossing the transit funding ravine.

Public pensions are averaging a significantly improved 80.6% funded ratio, but took on riskier investments to obtain higher returns, which would be problematic in a market correction.

The new rule will require FEMA to consider climate change's impact on future flood patterns in determining how and sometimes if to build back after flooding. 

Sterling Heights, Michigan, plans to issue $45 million of bonds to help finance a $1.06 billion redevelopment of Lakeside Mall, which closed at the end of June.

The $238.8 million of voter-approved debt will end a 12-year drought in new money general obligation issuance by the nation's fifth largest city.

The Grants Pass decision was viewed as the most consequential for local governments of the U.S. Supreme Court's recent session.

The airport reports that both passenger and freight traffic has grown well beyond pre-pandemic levels.

Every state in the Midwest has clean water and drinking water financing programs. Those financing mechanisms may face greater strain in the years ahead.

S&P Global Ratings revised the outlook on the city's AA rating to negative from stable, citing increased debt and costs from a settlement with firefighters.

The City Council-approved deal spends big on education and housing and reverses earlier cuts, but analysts are wary of the city's budget practices.