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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
S&P downgrades Oklahoma health system's rating to D after payment delay
3+ day, 18+ 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…...
Oklahoma health system takes steps to avoid bond default
1+ week, 2+ day ago (375+ words) Junk-rated Norman Regional Health System in Oklahoma expects to close later this month on interim financing to make a debt service payment that was due on Sept. 1. In a statement, the system said an agreement with bondholders delayed the bond…...
Oklahoma ballot measure on reimbursing local property tax revenue fails
2+ week, 4+ day ago (309+ words) Oklahoma voters on Tuesday overwhelmingly rejected a constitutional amendment that could have impacted property tax revenue reimbursements public schools and local governments receive from the state to offset tax exemptions for commercial facilities. Unofficial state election board results showed 73.75% of…...
Oklahoma ballot measures threaten school property taxes
2+ week, 6+ day ago (905+ words) Oklahoma public school districts face threats to their property tax revenue from a potential trio of ballot measures this year, including one that could have consequences for bonds. Voters will decide Tuesday the fate of State Question 844, a proposed constitutional…...
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…...