Bonds

Transcription: Keeley Webster (00:03):Hello, I am Keeley Webster here with another Bond Buyer podcast. Today I will be providing some insight into California Treasurer Ma’s run for Lieutenant Governor ahead of our broadcast of a fireside chat she did with Wells Fargo director Julia Kim at the California Public Finance Conference. Ma announced in June,

Overdue and over budget, a project to redevelop Connecticut’s New London Pier into an offshore wind energy hub for projects along the Atlantic coast is nearly complete. Its first shipments, components for a project in the Long Island Sound, are set to leave port early Tuesday. Launched in 2020 with an original price tag of

Against the backdrop of a big state-funded property tax cut and with a bond guarantee program fully back in business, Texas public school districts are asking voters for almost $18 billion of debt Nov. 7.  That accounts for the lion’s share of the $28.48 billion of bonds in 218 measures on Texas ballots, according to

A Louisiana congressional committee voted down plans for a $2 billion-plus public-private partnership that would replace an aging toll bridge near Lake Charles, a move that project proponents say will cost the state and provide for few alternatives. In an 8-6 vote on Tuesday, the Louisiana State Legislature’s Joint Transportation Highway and Public Works Committee

Jen Flood will be Michigan’s budget director, replacing Chris Harkins who is leaving the post next month. Gov. Gretchen Whitmer announced Thursday. Flood currently serves as deputy chief of staff, overseeing legislative affairs, federal affairs, policy, appointments, and community engagement divisions within the Democratic governor’s office. Jen Flood, Michigan Gov. Gretchen Whitmer’s current deputy chief

Longtime muni market veteran Steve Winterstein’s strong interest in technology has been a constant in the direction of his 30-year career. “I’ve always been deeply interested in technology, and how to make workflows a lot more efficient and effective,” Winterstein said. After decades in the business and working with other firms focusing on tech, most

Federal Reserve Bank of Cleveland President Loretta Mester said the U.S. central bank is close to wrapping up its aggressive tightening campaign if the economy evolves as expected. “Regardless of the decision made at our next meeting, if the economy evolves as anticipated, in my view, we are likely near or at a holding point

Maine is one step closer to realizing ambitions of a native offshore wind energy industry. The federal Bureau of Ocean Management on Thursday announced the findings of a study carried out in conjunction with the National Oceanic and Atmospheric Administration identifying 3.5 million square acres in the Gulf of Maine they believe to be suitable

A California-based company’s plan to sell up to $500 million of tax-exempt environmental improvement revenue bonds through the Indiana Finance Authority to build a garbage-to-jet fuel facility in Gary is on hold after the company’s bonds for a similar plant in Nevada went into default. Pleasanton, California-based Fulcrum BioEnergy sold about $290 million of environmental

Municipal market participants have had to get creative to manage the current market but should not get creative on the regulatory front, warned one of the market’s key Washington regulators. “Regulators often talk about when there is reduced issuance, this is where a lot of problematic deals come up,” said David Sanchez, head of the

Federal Reserve Governor Christopher Waller said the U.S. central bank can wait and gather more data before deciding if the economy needs further monetary restraint, signaling that he favors holding interest rates steady when officials meet in two weeks. “I believe we can wait, watch and see how the economy evolves before making definitive moves

The Oklahoma Turnpike Authority took on a tough market Tuesday when it sold $500 million of bonds in its inaugural issuance of debt for a controversial expansion program, but the issuer said the deal was met with good demand. Underwriters led by RBC Capital Markets, priced 5% coupon second senior revenue bonds, serials 2035-2043, with

The new bank probe by Texas Attorney General Ken Paxton is one of his first major actions since his return to the AG’s office after facing impeachment proceedings earlier this year. Texas Attorney General Ken Paxton’s office said it’s reviewing whether 10 financial companies, including Bank of America and JPMorgan Chase, violate a Republican-backed state

The city of Fishers, Indiana, is planning a $170 million lease rental revenue bond sale to finance construction of an arena for a minor league hockey team, a move that sparked a downgrade to the city. The Fishers Town Hall Building Corp. is on the calendar this week to price $160 million of tax-exempt Series

Enjoy complimentary access to top ideas and insights — selected by our editors. Transcription: Chip Barnett (00:04):Hi, and welcome to another edition of The Bond Buyer Podcast. I’m Chip Barnett and my guests today are Royden Durham and Tony Tanner. They’re both portfolio managers at the Aquila Group of funds, and today we’re going to

Wisconsin ended fiscal 2023 on June 30 with record-high balances of $7.07 billion for its budget and $1.8 billion in its rainy day fund, the state announced Monday. General purpose revenue tax collections totaled almost $21 billion, up 2.1% from fiscal 2022, which ended with a nearly $4.3 billion budget balance, according to a 2023

Bond bulls may have just had a fresh speed bump placed in front of them by Federal Reserve Bank of San Francisco President Mary Daly. Daly said the neutral interest rate — also known as R-star — may be higher now than it was before the pandemic, adding to the groundswell of concern the central

California and Illinois are the largest contributors to an expected $1.3 trillion in unfunded pension liabilities for the 50 states in fiscal 2023, according to a Reason Foundation study. California’s public pension systems are projected to be $245 billion short of where they need to be after 2023, the largest miss in the nation, followed

Federal Reserve Bank of Cleveland President Loretta Mester said Friday’s jobs report didn’t change her view that the labor market remains strong, and that further interest-rate hikes will depend on additional incoming data. “The inflation rate is still too high, the level of inflation remains high, but at least we’re seeing progress on it,” Mester

Connecticut Green Bank launched its eighth sale of Green Liberty Notes, seeking up to $350,000 for a state-wide small business energy loan program. The one-year notes are on sale through October 26 on Green Bank’s online platform, offered through its subsidiary CGB Green Liberty Notes LLC. They feature a 5.25% interest rate and, with buy-in