Regions News from Bond Buyer

A plan to sharply cut Community Development Block Grant program staffing follows Trump's statement that he is inclined to eliminate the Federal Emergency Management Agency.

The Trump administration singled out the Las Vegas-Los Angeles bullet train for praise Thursday, the same day the deal priced.

"Who got rich off this project? Where did those billions of dollars go?" asked Transportation Secretary Sean Duffy in announcing the federal review of the controversial bullet train.

Nakahata was appointed chief deputy executive director and chief operating officer of the California Infrastructure and Economic Development Bank.

Amid struggling office markets in San Francisco and Los Angeles, the cities are exploring office-to-residential conversions amid decades-old housing shortages.

Washington's threats to state and local government funding took center stage when Illinois Gov. JB Pritzker delivered his seventh budget.

The bonds are to be sold competitively in April.

Moody's is the latest rating agency to warn about a budget squeeze for Texas schools, which have been prolific issuers of voter-approved bonds in recent years.

White Lake Township, Michigan, is facing legal action on two fronts: one of them related to the hack of its bond deal closing last year, the other a civil suit. 

KBRA raised the airport's outlook to positive last week, citing its improving financial profile and very strong traffic.

The DOT cited the use of the tolls for transit as one of its reasons to terminate.

The South San Antonio Independent School District, which has had a state conservator, will now get a state-appointed board of managers and superintendent.

Senior Vice President Tamika Reed will staff a new Montgomery, Alabama, office, and Vice President Narineh Panosian joins the firm in Los Angeles.

In a first for the Midwest, a southern Illinois city plans to redevelop a mall using proceeds from sales tax and revenue bonds.

The state will have less money to spend in the upcoming fiscal year, according to projections certified in a process criticized by Oklahoma's attorney general.

State Farm's "emergency" rate increase request was rejected by California's insurance commissioner.

Former Women in Public Finance President, Illinois Finance Authority general counsel and Katten Muchin Rosenman partner Elizabeth Weber "was a class act all the way."

Texas officials are eying ways to protect a massive state-funded school property tax cut from being eroded by local bond issues and tax increases.

They say if the board continues its current approach there will be years more of litigation with outcomes showing the board's positions are "baseless."

Sweetwater Union High's rocket-fast transformation from an accounting practices bad apple to ratings upgrades and positive outlooks is expected to boost its bond program.