The Chicago Public Schools board unanimously approved the district's 2025 budget Thursday, a day after the Civic Federation warned it is a "temporary solution."
-
Continued economic growth and budgetary discipline could lead to an upgrade of the state's AA rating over the next two years, S&P said.
10h ago
-
The acquisition comes as the Philadelphia-based firm has been in growth mode.
July 26 -
-
The city announced its P3 partner this week even after its federal funding got cut in committee and Rep. Maxine Waters took a strong oppositional position.
July 26 -
The muni market tends to have "remarkable patience" in relation to USTs, said BofA strategists.
11h ago
The steady demand for municipal bonds in high-risk areas underscores the complex relationship between climate change and financial markets.
With a myriad of challenges facing state and local governments to fund vast infrastructure needs amid a shifting climate and severe weather events, there are government officials across the country that have begun to address them head on. Paying for them is one of the biggest challenges.
As EVs and fuel-efficient cars become more common, states and Congress are eying alternative revenues like road user charges.
The top 5 competitive underwriters remained in the same ranking positions as 1H 2023, while there was some shuffling with the remaining in the Top 10.
Kaufman Hall & Associates, Caine Mitter & Associates, KNN Public Finance entered the Top 10, while CSG Advisors, Estrada Hinojosa and Columbia Capital Management were bumped.
Half of the top 10 issuers are from New York, California issuers hold two spots on the list.
Challenges to laws banning investment banks from underwriting municipal bonds and the targeting of other financial firms for divestment purposes may result from a recent Oklahoma ruling.
In Texas, the Austin City Council set a climate bond election for no later than November 2026, while an Arizona water authority is dealing with a funding drought.
The state attorney general's office said it will appeal the ruling prohibiting enforcement of 2022's Energy Discrimination Elimination Act.
-
Despite munis being mixed Thursday, the muni AAA yield curve remains inverted, said Taylor Huffman, a client portfolio manager at PTAM.
July 25 -
New York lawmakers are helping a coalition of legal experts, transit riders, and environmental and disability advocates sue the governor for stopping congestion pricing.
July 25 -
Local government investment pools remain free from SEC rules
July 25 -
In May, a bipartisan group of lawmakers sent a letter to the federal agencies responsible for the FDTA rulemaking, urging them to stick to the schedule spelled out in the law.
July 25 -
V2 Municipal Capital will source deals exclusively for Fundamental Advisors.
July 25
