Trends in the Regions

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.

Between two state measures and one regional, California starts with $40 billion of GO bonds on the November ballot, before any other local measures are tallied.

After the west abutment on the Rapidan Dam partially failed last week, it's up to the Blue Earth County board of commissioners to pursue repair or removal.

Laws enacted in Arkansas and Kansas will reduce income tax revenue by hundreds of millions of dollars in fiscal 2025.

Gov. Kathy Hochul's "pause" on congestion pricing puts a $16.5 billion hole in the Metropolitan Transportation Authority's capital plan.

California lawmakers were putting the finishing touches on the budget this week before the start of the fiscal year on July 1.

Bonds backed by hotel and restaurant bill taxes will pay for upgrades to the home of the Carolina Panthers. The team agreed to commit to the city for 15 more years.

The Ohio county seated in Cleveland is only one of many jurisdictions where officials are grappling with weakening sales tax revenues.

In a one-day special session, lawmakers passed a bill expanding an economic development bond program to finance venues for the Kansas City Chiefs and Royals.

The low-investment-grade offering for a high-profile public private partnership stood out in a crowded airport sector.

Existing California law requires hospitals to be fully operational after a large earthquake by 2030. The Senate has passed a bill to extend the deadline.

The state's new law requires companies like investment banks to provide written verification of their positions, part of a trend among similar bills aimed at preventing Wall Street banks from lying about their positions, said a firearms industry lobbyist.