Trends in the Regions

The state's Democratic governor and Republican-controlled legislature are at odds over how much to conform with federal tax changes enacted last year.

The measure would fund 40,000-plus homes to address the state's persistent supply gap, supporters say. Time is tight to qualify it for the June election.

State revenues were down 0.7% in the first six months of the fiscal year compared to a year earlier.

Moody's Ratings warned some states face credit risk after the Trump administration froze $10 billion of funding to five blue states.

The second-largest public school system in Texas could ask voters to approve as much as $6.24 billion of bond authorization as soon as in May.

New York's governor and mayor called Manhattan's cordon toll a success on its first anniversary, but congestion pricing has not cleared all legal hurdles.

Los Angeles plans to price $86 million in bonds off its Proposition HHH bond measure, closing out the $1.2 billion GO authorization from 2016.

The Nashville Metropolitan Airport Authority is issuing municipal bonds to finance upgrades to an airport bulging at the seams after rapid traffic growth.

Boys Town, Nebraska, home of a high-profile sanctuary for troubled kids, heads into the bond market after a two-notch downgrade and recent abuse claims.

Bond sales by Texas issuers rose 21% to $82.52 billion, putting the state in second place behind California and well ahead of third-place New York.

The Maine Municipal Bond Bank is bringing back its transportation revenue bond program, with a few changes to bolster the bonds' credit. 

Oregon transportation bond payments protected even if tax repeal succeeds, rating agencies say.

When Ohio Gov. Mike DeWine signed property tax reform bills, there was hope in Columbus it would appease voters who backed a push to abolish property taxes.

Fiscal 2027 budget proposals are being rolled out against a backdrop of unclear impacts from federal tax cuts and policy changes.

Washington Gov. Bob Ferguson unveiled a supplemental budget with GOP-opposed bond plans, as he preps a rain-soaked and flood-damaged state for more deluges.

Chicago's city council passed its alternative budget over the weekend. Mayor Brandon Johnson hates it, but said he would not veto it.

Credit pressures are expected to persist for municipal bond issuers facing water scarcity and increasing costs for projects to produce new supply.

States and cities in the Northeast will have to balance economic challenges and federal cuts driven by the Trump administration and congressional GOP.

The Equitable School Revolving Fund, which has more deals in the works, has maintained its strong credit profile even as the sector has experienced headwinds.

Two student housing developments in Orlando and Tampa, Florida, financed by speculative-grade bonds in 2024, have shown signs of strain.