News
Iowa's Muscatine Power and Water returns to market
1+ hour, 37+ min ago (1039+ words) Iowa public utility Muscatine Power and Water plans to issue debt in the negotiated market on Wednesday as Piper Sandler will price $100 million of electric revenue bonds for the utility." The Series 2026A and B bonds will finance the installation of…...
Seattle-area transit agency wants authority to issue 75-year debt
9+ hour, 40+ min ago (1582+ words) A bill that would enable the Central Puget Sound Regional Transit Authority to issue 75-year bonds is advancing through the Washington state legislature. Officials for the authority, better known as Sound Transit, say the extra-long bond term would allow it…...
Charter school bonds demand deeper credit work as state support and demographics shift
3+ day, 4+ hour ago (167+ words) Market Intelligence analyst Jeff Lipton analyzes how varied state funding priorities and overall charter school support, shifting enrollment patterns, policy uncertainty, charter renewal risk," and varied pension practices affect charter school bond security'and outlines what issuers, advisors and investors should…...
MTA's capital cost efficiency push to be tested by funding threats
4+ day, 35+ min ago (1529+ words) The New York Metropolitan Transportation Authority spent more than two decades building what was dubbed the world's most expensive mile of train track." The $11 billion cost of the East Side Access project to bring Long Island Rail Road commuter trains…...
White House weighing in on state income tax
4+ day, 4+ hour ago (693+ words) The Council of Economic Advisors, an agency nested within the Office of the President, has released an 18-page'report'on eliminating state income taxes that endorses moving towards higher sales tax as a way for states to raise revenue.' "The harmful economic…...
Mayors challenged by data centers
6+ day, 22+ hour ago (804+ words) Strong opinions on data centers are scrambling support for what some tout as economic engines, while some mayors are pushing for concessions from the tech industry." "We got the company to pay for the infrastructure," said Andy Schor, Mayor of…...
Washington, D.C., has $1.13 billion of bonds on tap
1+ week, 1+ hour ago (1007+ words) The District of Columbia plans to sell $1.13 billion of general obligation bonds in February. The deals will fund new projects and refinance outstanding debt and come in two parts: $929.6 million of fixed-rate bonds bookrunner Barclays will price on Feb. 10 and…...
Alaska's governor, facing deficit, wants a statewide sales tax
1+ week, 4+ hour ago (1412+ words) Alaska Gov. Mike Dunleavy has proposed what would be the Last Frontier's first statewide sales tax. It's part of the Republican governor's efforts to close the state's $1.8 billion budget deficit, which also include spending caps and advancing mineral extraction plans....
Opening Remarks & Panel 1: Implications of OBBBA: Sweeping Healthcare Cuts & Muni Credit
1+ week, 21+ hour ago (36+ words) The nearly $1 trillion of Medicaid cuts are expected to mean that 11.8 million Americans will lose their health insurance by 2034. Opening Remarks & Panel 1: Implications of OBBBA: Sweeping Healthcare Cuts & Muni Credit...
US Virgin Islands governor touts his track record
1+ week, 1+ day ago (1276+ words) U.S. Virgin Islands Gov. Albert Bryan, Jr. touted his progress in his final State of the Territory speech Monday while acknowledging continuing Water and Power Authority problems. "Securing the permanent increase to the rum cover over rate was one of the…...