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During its regular meeting Monday night, the Newton, Iowa, Community School Board of Education took another step forward in funding the new Berg Middle School.
March 30 - Michigan
Issuers in the Midwest sold $87.2 billion of municipal bonds in 2016, a 23.4% year-over-year increase that was the biggest of any region.
February 14 - Iowa
Iowa s Xenia Rural Water District brought its long financial struggles to a happy ending as it formally shed remaining bonds from its troubled 2006 issue, ending a saga that began with an ambitious expansion that led to default and concerns over the districts solvency.
December 6 - Iowa
The Iowa Fertilizer Co. LLCs successful receipt of bondholder waivers and completion of a tender exchange for $150 million of the original nearly $1.2 billion deal eases pressures on the struggling project without eliminating them.
December 5 -
The Iowa Fertilizer Co. LLCs construction and cash flow troubles led Fitch Ratings to downgrade deeper into junk almost $1.2 billion of project bonds that are now under an Internal Revenue Service cloud.
November 21 - Missouri
The issuers of the Midwest sold $41 billion of municipal bonds in the first half of 2016, spurred by increased new money issuance, according to Thomson Reuters data.
August 23 -
An Iowa casino and racetrack is challenging the proposed loss of its tax-exempt status by the Internal Revenue Service, claiming it lessens the burdens of government and is a legitimate 501(c)(4) social welfare organization.
June 21 - Iowa
Iowa will return to the market twice this month after a six-year absence to snag refunding savings.
June 20 -
The Conroe Industrial Development Corporation in Texas has paid a penalty and agreed to redeem bonds under the Internal Revenue Services voluntary closing agreement program (VCAP) to settle a tax violation relating to bonds it issued in 2008 and refunded in 2012.
April 11 - Iowa
Coralville, Iowas general obligation bond rating moved closer to speculative grade amid balance sheet struggles due in part to its investment in recreational enterprises.
December 10