A government shutdown looms as Senate funding talks stall, while schools and municipalities face financial pressures.

A government shutdown looms as Senate funding bills stall, leaving fiscal 2025 funded only through continuing resolutions. A pending lawsuit could affect the validity of future board appointments and agreements. Meanwhile, Minnesota school districts face financial strain from dwindling pandemic relief funds, rising costs, lower enrollment, and labor challenges. In municipal finance, the 2025 Deal of the Year nominations are open, and bond markets have outperformed U.S. Treasuries and corporates this month.