Voters in this little central Washington town will get a chance on April 25 to alleviate both overcrowding and security concerns and vote on a $14.3 million, 20-year construction bond.
In this new edition of Muni Minute, we turn our focus to The Hill in Washington, D.C., as there will be lots of activity that should be of interest to the municipal market. First, the Senate Banking Committee will meet to vote on a new chairman of the SEC and then the highways and transit panel of the House Transportation and Infrastructure Committee will hold a hearing to consider state and local perspectives on the implementation of the current multi-year transportation bill.
NATCHEZ, Miss. — The Natchez-Adams School Board voted Thursday to seek voter approval to borrow $35 million — which would likely require a property tax increase — to fund a building project.
Federal Reserve Bank of New York President William Dudley says the median Fed forecast for three rate hikes this year “is in a reasonable place” and that it could begin shrinking its balance sheet late this year or in 2018, possibly pausing rate increases in the process.
The University of Michigan’s final March consumer sentiment index reading was 96.9, compared to the preliminary March 97.6 and the final February 96.3, according to market sources.
The Treasury Department said Thursday it will auction $39 billion 91-day bills and $33 billion 182-day discount bills Monday.
The Treasury Department Wednesday auctioned $13 billion of one-year 10-month floating rate notes with a high discount margin of 0.109%, at a 0.140% spread, a price of 100.057148.
Kansas City’s infrastructure bond proposal on the April 4 ballot appears to have sufficient voter support, according to a recent poll, although the survey question didn’t specifically mention the property tax increase needed to pay off the bonds.
In many ways, if Puerto Rico is a cup of coffee, the USVI is a shot of espresso.
Property owners in South Holland, Harvey, Dolton and other parts of Thornton Township High School District 205, Ill., can expect lower taxes despite plans to spend $30 million to improve school facilities, a district official said.