Election 2022
Coverage of all the issues at stake for our community in the upcoming midterms.
Republicans critical of the infrastructure law won't be able to stop the flow of federal funds, even if they win the House.
City officials discovered last week that an explanatory sentence required by state statute was left off the ballot. No bonds can be issued until the matter is rectified.
Continuing work on the state's one-year-old infrastructure bank tops the Democrat's list of second-term priorities.
The Bond Buyer's senior regional reporters hold a roundtable discussion on the midterm elections. Caitlin Devitt, Yvette Shields, Karen Pierog, Keeley Webster and Thomas Nocera talk about implications for the municipal bond market. Chip Barnett moderates. (30 minutes)
The Nov. 8th ballot in Midwest states was crowded with bond, governance, and policy questions.
Local officials will now be able to access to revenue from a special tax levy previously reserved only for bonded debt to pay for capital improvements.
Annual contributions to the General Reserve Fund will increase to 7% of the previous year's revenue from the current rate of 5%.
Conine edged out Trump-supported Michelle Fiore for the treasurer's seat.
Rising property values will help keep the $3.56 billion of new bonds manageable, particularly if issuance is spread over multiple years, rating analysts said.
The rating agency zeroed in on a handful of measures in a state where voters considered billions in bond measures.
Democrats Erick Russell in Connecticut, James Diossa in Rhode Island and Mike Pieciak in Vermont won open-seat races for state treasurer.
Municipal bond mutual funds saw more losses on Wednesday with the Investment Company Institute reporting another week of multi-billion-dollar outflows, bringing year-to-date losses to $123.3 billion.
With midterms over, the action now turns to lame-duck legislation that may impact the muni market.
It appears to have been a good time to request bonds as most of the largest issues were approved.
Republican control of the House would bring leadership changes to key finance and tax-writing committees that affect the municipal bond market.
Voters will decide on more than $60 billion of bond ballot measures Tuesday with New York voters faced with the largest amount at $4.2 billion.
Patrick Henning and Juan Fernandez will assume top roles in Fiona Ma's administration, should she be re-elected Tuesday.
Incumbent Fiona Ma, facing Republican Jack Guerrero in her re-election bid, will change up top staff members if she wins as expected.
Jared Polis' $42.7 billion all-funds spending plan for the fiscal year that begins July 1 includes a $16.7 billion general fund with a $2.174 billion reserve.