Regional News

The budget is a good sign, analysts say, and may be a first step towards ultimately ending the Oversight Board's authority over the territory.

The U.S. Virgin Islands WAPA said the Public Service Commission's reduction of electric rates jeopardizes its ability to pay bills and provide electric service.

Whether PREPA can pay the administrative expense claim doesn't affect its validity, the bond parties said.

Observers say a bankruptcy by Genera PR could complicate the PREPA bankruptcy.

The deal is the second large bond issued from the Public Energy Authority of Kentucky this year.

A year after raising its ratings to investment grade, Moody's Ratings upgraded Detroit's issuer and general obligation bond ratings again, to Baa1.

Yorkville, Illinois, defaulted on special district bonds for Kendall Marketplace, a shopping center that never evolved into the expected retail powerhouse.

Chicago had a $161 million deficit in fiscal year 2024, according to the annual comprehensive financial report the city released on Monday.

The top finisher in the Democratic mayoral primary wants the city to issue $70 billion of additional affordable housing bonds. 

Continued state and city support for the MTA's capital projects was the primary driver for Moody's Ratings upgrade to A2.

The addition is part of a push to expand the firm's presence in New York public finance, Jonathan Ballan told The Bond Buyer.

The Metropolitan Transportation Authority's congestion pricing tolls not only reduced traffic congestion in Manhattan, but also in New Jersey, a report says.

Oregon Department of Transportation leaders said they will begin layoffs Monday after lawmakers adjourned without passing a transportation funding bill.

"If you are seeking the services of a municipal advisor, it would be helpful to use the term municipal advisor in your RFP/Qs," said Sanchez, director of the SEC's Office of Municipal Securities.

The addition of Turner-Bond as a partner will deepen Orrick's public finance practice's P3 expertise.

"I think your first question to them should be 'Are you from the future?,'" the deputy director of the SEC's Office of Municipal Securities said.

The county commission said it hopes to regain Moody's ratings this fall.

The deal is the second large bond issued from the Public Energy Authority of Kentucky this year.

Up to $505 million of bonds could be issued.

University of Virginia president James Ryan resigned under White House pressure as the Trump administration pushes higher education to comply with its ideology.

Oklahoma can continue to collect income taxes from certain Native Americans in a case that threatened to cost the state millions of dollars in tax refunds.

Tardy annual financial audits could strip Texas cities of their ability to raise property tax rates under a state law that takes effect Sept. 1.

A Kansas state legislative council will meet next month to keep a 2024 bond-financing law alive at the request of the Missouri-based Kansas City Chiefs.

Hays County's Nov. 5 election for nearly $440 million of bonds, which won voter approval, was voided by a state judge due to an open meetings act violation.