White Lake Township, Michigan, is facing legal action on two fronts, one of which is related to the cyberattack that sabotaged its bond sale last year.White Lake Township White Lake Township, Michigan, faces a legal threat from the lead underwriter of a bond sale that was compromised by an online hack. Attorneys for Baird, leader

Marion, Illinois, plans to sell $115 million of STAR bonds to finance the redevelopment of a mall and surrounding parcels of land. City of Marion In a first for the Midwest, a city in southern Illinois plans to use sales tax and revenue bond proceeds to fund a mall redevelopment. Next Wednesday, Stifel will price

“The status quo allows the governor to manufacture budget numbers that support his policy agenda, rather than a consensus approach that would reflect legislative input,” Oklahoma Attorney General Gentner Drummond said.Oklahoma Attorney General’s Office Oklahoma’s fiscal 2026 general revenue fund collections are expected to dip below fiscal 2025 projections as the state considers an income

The panel on climate resilience financing at The Bond Buyer National Outlook Conference.Donna Alberico Climate change and preparing for its impact will have costs, according to a panel at The Bond Buyer’s National Outlook Conference, which addressed infrastructure challenges resulting from climate disasters and what role the market will play in creating resilience.  The country

“This budget resolution provides the fiscal framework for what will be one of the most consequential pieces of legislation in modern history and the principal legislative vehicle for delivering on President Trump’s America First agenda,” House Budget Chairman Jodey Arrington, R-Texas, said.Allison Robbert/Bloomberg The House Budget Committee late Thursday passed a partisan budget resolution that clears

“A key credit risk for airports is financial exposure from litigation, which is generally mitigated by insurance,” said Kurt Forsgren, US Public Finance Managing Director, S&P Global Ratings. ”While safety concerns could weaken an airport’s desirability and demand over the long term, this hasn’t been observed for major US airports.”S&P Global Ratings A history of close

Florida Gov. Ron DeSantis’ proposed fiscal 2025-2026 budget provides no pay increases for most of the state’s workers.Bloomberg News Analysts generally see Florida Gov. Ron DeSantis’ recently proposed fiscal 2025-2026 budget as fiscally responsible, with steps to pay down the debt, reduce overall spending, and strengthen requirements for issuing new debt. The proposed budget comes

“There’s still much work to be done, but we are starting on the right path,” House Speaker Mike Johnson, R-La., said about a budget resolution that outlines topline numbers for a massive tax bill.Bloomberg News The House released its long-awaited budget resolution Wednesday, a key step toward crafting a massive tax package that’s being closely

“Homeowners, not insurance companies, should receive the interest earned on their insurance payouts,” said California Assemblymember John Harabedian, D-Pasadena. California Assemblymember John Harabedian’s office In the wake of Los Angeles’ devastating wildfires, California Gov. Gavin Newsom’s office announced he is sponsoring legislation that would ensure that homeowners, not lenders, benefit from interest earned on insurance

“Our job is to take that volatility, figure out what’s noise, figure out what’s reality, and lean into the opportunities as we see them,” said Alex Petrone, director of fixed income at Rockefeller Asset Management.Rockefeller Asset Management The year 2025 brought a lot of uncertainty — macro, geopolitical, muni-specific policy and unknown headlines risks —