A story published Thursday in The Bond Buyer incorrectly reported the status of teachers' pay raises in Texas' Duncanville Independent School District over the past two years. The district provided a pay raise to its staff in fiscal 2008, but the fiscal 2009 budget does not provide for a salary increase. The story also misstated the district's underlying rating from Moody's Investors Service. The agency rates the district A2.
-
"Folloing recent yield moves, a generic muni index is now down 1% on the month with no real sub-sector showing much deviation from that result," said Kim Olsan, senior vice president of trading at FHN Financial.
6h ago -
The law firm revealed 2024 promotions.
8h ago -
As the nation's fourth largest city faces a growing structural budget deficit, it is also expecting to issue more than $3 billion of debt for its airport, water and sewer system, convention center, as well as to fund a settlement with firefighters and for cash-flow purposes.
8h ago -
The extension of the current solar net metering system could lower revenue for the utility.
9h ago -
The finance team is "marketing slices of risk" to raise money to refinance its debt, investors said.
9h ago -
John Fleming is pushing back against a proposal in the state Legislature to change the way the state Bond Commission oversees the issuance of debt by cities, counties and local governments and entities.
April 18