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The MSRB said its board at a previously scheduled meeting Thursday authorized the filing of further amendments to Rule G-14 . A district judge in Rhode Island issued a second order telling the administration to halt its grant freeze, saying his first order is not being followed. The U.S. Department of Transportation is
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News
Dallas City Council advances debt sale, OKs measures for airports
3+ day, 7+ hour ago (492+ words) Dallas is gearing up to sell up to $348 million of bonds and other obligations this fall after a resolution for the issuance was approved on Wednesday by the city council, which also passed airport measures related to debt. The city's…...
S&P downgrades Oklahoma health system's rating to D after payment delay
3+ day, 9+ hour ago (358+ words) A delayed debt service payment led S&P Global Ratings on Wednesday to drop Norman Regional Health System's (NRHS) long-term bond rating to D from CC. S&P's rating report referenced the notice, noting "bond documents would be amended to revise…...
With tourism growing, Nashville looks to bonds for a boost
3+ day, 15+ hour ago (1140+ words) Following several years of strong tourism growth, Nashville's convention center plans to price $775 million of tourism tax revenue bonds the week of Sept. 21, to help expand Music City Center. Goldman Sachs & Co. is expected to be the bookrunning senior manager…...
Texas hospitals' financial headwinds include Medicaid funding losses, closure risks
5+ day, 15+ hour ago (1003+ words) Hospitals in Texas are sounding the alarm about a threat to critical Medicaid funding, while financial pressures could cause some of the state's rural healthcare facilities to shutter. An imminent crisis involves the state's Medicaid directed payment programs in fiscal…...
With toll bridge deal, Alabama bets drivers will pay to beat congestion
1+ week, 3+ day ago (1488+ words) The largest municipal bond deal of 2026 is built on the proposition that drivers in Mobile, Alabama, will pay tolls to save time by avoiding congestion. The Alabama Toll Road, Bridge and Tunnel Authority plans to bring $3.7 billion of debt to…...
Massachusetts preps GO deal with revenue pressures on the horizon
2+ week, 6+ day ago (1523+ words) The leadership of Massachusetts is not worried. The commonwealth passed a $63.4 billion budget without too much difficulty. Its surtax on high earners is the envy of other progressive states, pulling in billions of dollars annually. Its economy is growing slower…...
Kansas Turnpike's long-term plan would ramp up bond sales
3+ week, 2+ day ago (333+ words) The Kansas Turnpike Authority intends to use revenue bonds to finance a portion of its recently announced, nearly $500 million long-term investment plan, a spokesperson for the agency said on Friday. The investment plan announced Aug. 13 is aimed at preserving, modernizing,…...
Audit reveals alleged misuse of Oklahoma school district's bond proceeds
3+ week, 3+ day ago (507+ words) A former Tulsa Public Schools administrator allegedly orchestrated "complex financial schemes" involving $3.73 million in bond proceeds, according to a state audit, which could lead to further criminal charges. Oklahoma State Auditor & Inspector Cindy Byrd followed up a February 2025 special audit…...
Tennessee taps toll lane P3 partner who pledges $24.8 billion concession fee, largest ever
3+ week, 3+ day ago (1077+ words) Tennessee has selected a Ferrovial-led consortium for the state's first toll lane public-private partnership after the team offered a whopping $24.8 billion concession fee as part of its bid. That's more than three times the next-highest concession fee from competing bidders,…...
Big Texas cities take up fiscal 2027 budgets amid calls for spending limits
3+ week, 5+ day ago (1034+ words) Budget season is underway for big Texas cities, which are tackling shortfalls and reaping bond rating improvements, while state political pressure is building to rein in local government spending during the 2027 legislative session. Republican Gov. Greg Abbott, who is running…...