As investors start shutting down for the year, there may be some mixed sessions ahead "especially for any accounts that find themselves as forced sellers," Birch Creek Capital said.
While tax and bond measures fared well in California's November election, reformers are taking aim at the state's slow certification process.
The county commission, which sued Oklahoma City in June over its denial of permit for the jail site, is pursuing a possible settlement.
Federal funds flowing from the American Rescue Plan Act must be obligated by Dec. 31 as the threat of a clawback looms as a possibility.
Overall state and local government credit conditions will remain neutral, Fitch Ratings says, though some storm clouds may be on the horizon.
Governments once stayed for decades in the state program for distressed municipalites; one official called it a "roach motel." Today, only three towns remain.
