admin

The Metropolitan Washington Airports Authority plans to come to market Wednesday with $829.4 million of airport system revenue and refunding bonds. “Traditionally, we’re in the market at about the same time every year. We either have a refunding opportunity or a new money need,” said Andrew Rountree, the authority’s senior vice president for finance and CFO.

Colorado’s action to rein in rising property values are negative credit factors for some local governments, while public schools will benefit from a state funding boost, according to Moody’s Ratings.  Legislation signed into law May 14 by Gov. Jared Polis will limit annual property tax revenue growth to 5.5% starting in fiscal 2026 and make

It may be time to revisit an old but compelling solution to clean up the $4 trillion municipal bond market — state-based bond banks that take over borrowing responsibilities from the thousands of small local governments that dominate the market. That’s the proposal from a pair of high-profile muni market experts: Kent Hiteshew, former director

A tax measure to shore up funding for the San Francisco Bay Area Rapid Transit district approved by the California Senate Friday could be derailed by local opposition before it hits the 2026 ballot. Senate Bill 1031, authored by Sen. Scott Wiener, D-San Francisco, and Sen. Aisha Wahab, D-Hayward, passed the Senate Friday on a

A suit filed against the Palm Beach County, Florida, comptroller for his county’s investments in Israel bonds puts a state law targeting socially focused investments in the spotlight from a different direction. The lawsuit filed last week against Palm Beach County Clerk and Comptroller Joseph Abruzzo cites a law Florida’s Republican government passed last year

Indiana officials celebrated the completion of the first of three major commuter railway projects in the northwest part of the state. The Double Track Northwest Indiana project, a $650 million endeavor, involved the creation of a double track on the South Shore Line from Michigan City to Gary. It is now completed and producing revenue,

A development agreement for a professional sports arena in Oklahoma City, costing at least $900 million, won approval Tuesday in a 7-2 city council vote.  The deal with the owners of the National Basketball Association’s Oklahoma City Thunder allocates the lion’s share of the project’s funding to the city, with the team contributing $50 million. 

A California Senate committee received few details from the department charged with building a public broadband program on its plans to expand into underserved neighborhoods. The program faced criticism last year for prioritizing upscale cities, like Beverly Hills, over impoverished and middle-class areas, such as Los Angeles’ South Central region and Oakland, communities lacking in