Puerto Rico Board’s big win; Erdman’s move revealed
The Bond Buyer
The only independent resource serving the complete municipal finance community.
Court ruling allows the Board to reject laws inconsistent with PROMESA; David Erdman confirms where he’ll work next; inflation takes a bite out of IIJA; and what else we're covering in the municipal bond and public finance sectors.
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An appeals court ruled the Oversight Board can stop laws that are inconsistent with PROMESA's purpose.
Erdman closes the books on a three-decade career with Wisconsin next week and heads to municipal advisory firm Baker & Tilly.
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Construction material costs, which often rise faster than the consumer price index, have surged over the last year while a shortage of skilled construction workers has plagued the industry.
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The National League of Cities’ 2022 State of Cities report shows a shift to funding infrastructure through a public safety lens in a post-COVID world.
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Refinitiv Lipper reported smaller outflows at $1.6 billion, down from the $5.6 billion the week prior. It brings the total outflows to $45.7 billion year-to-date.
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