It is no surprise the agency praised North Carolina as 'one of the strongest states according to every measure’," said North Carolina State Treasurer Dale Folwell.
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Established in 1891, The Bond Buyer reaches more than 40,000 municipal finance professionals, bond issuers, government officials, and investors daily, through its web site and printed edition. It provides readers news, analysis, and data regarding municipal finance that is unavailable in its comprehensive form in any other news outlet. The Bond Buyer’s 10 annual conferences are attended by more than 2,000 market participants, and offer in-depth education about cutting-edge public-finance topics, ranging from local government finance and budgeting to how to raise capital to fund large-scale investments in the nation’s transportation, health care, higher education, and public utilities infrastructure.
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Updates
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"After more than three years of rigorous and coordinated activities to plan for – and ultimately implement – a shortened settlement cycle, the industry is recognizing reduced settlement risk across the U.S. capital markets," SIFMA said.
Three months on, T+1 shows signs of success
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Today’s top stories include: Senators preview tax debate; Mark Page will join Muni Hall of Fame; Muni market grows in size; Why California may lose shine with investors; Shailen Bhatt quits FHWA; and new leader at NAFOA. #municipalbonds #muniland
Senators preview coming tax debate with SALT, housing, capital gains on table
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"We now expect that any bump the Fed meeting offers will likely be smaller than previously anticipated, and that September should see a quite smooth bond market rally," BofA Global Research strategists said.
Munis hold their own amid supply influx, UST volatility
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Looking back, Page considers the water revenue bond structure and the Hudson Yards tax increment credit structure, which was new in its scope, his most significant achievements. His message to younger generations working in government management: what they do is valuable.
Mark Page
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"I think if you are already heavy on the state of California, it's probably not a good time to add more — because of the deficits," said Matt Fabian, a partner at Municipal Market Analytics.
California's budget woes could affect pricing for its fall bond slate
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Assistant to the President, Senior Advisor and Director of the White House Office of Public Engagement, Steve Benjamin, joins Philadelphia Mayor, Cherelle L. Parker for an exclusive interview and opening keynote at #BBInfrastructure. Secure your ticket at this can't-miss conference before it's too late! https://bit.ly/3z9uIS6
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The shortfall predicted by the state comptroller comes on top of $15 billion of expected funding lost when the governor axed congestion pricing.
MTA will have more capital needs than funds, state comptroller says
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"We're not solely in control of how we make this pension system solvent and funded," Dallas Mayor Eric Johnson said. "What we're trying to do is discharge our duty to our retirees and actives who are going to become retirees, while also maintaining a certain amount of flexibility given the uncertainty around what's going to happen with respect to this litigation."
Dallas sets public safety pension funding plan amid litigation
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The commission, headed by State Treasurer Dale Folwell, approved $73 million of limited obligation bonds for Rowan County to repair and replace school facilities in the Rowan-Salisbury school system and the Kannapolis City Schools.
North Carolina LGC approves about $320 million in bonds
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