President Trump is expected to focus on infrastructure in his address to Congress Tuesday amid concern that his $1 trillion 10-year plan may be sidetracked as lawmakers focus on contentious issues like repealing the affordable care act.
The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell two basis points to 4.26% in the latest week from 4.28% in the previous week.
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In a change of course, a Detroit authority will issue new bonds to finance the $34 million cost of adapting the under-construction Little Caesars Arena to house the Detroit Pistons basketball team. more »
The prospect of swift legislative action to overhaul the Illinois education funding system appeared more remote Thursday, as the state Houses top Democrat announced of a new task force to come up with a plan. more »
A plan that would raise taxes to fund Indianapolis Public Transportation Corporations expansion of bus services throughout Indianapolis is headed to the Marion County City-County Council for a vote Monday. more »
ROCK FALLS, Ill. -- In his State of the City address Tuesday, Mayor Bill Wescott opened with an emphasis on unlimited opportunities, and closed his speech by focusing on one that is nearing fruition. more »
Mayors and the Illinois Municipal League will press state lawmakers this year to pass legislation merging some public safety pension fund functions and guaranteeing the flow of various revenue streams without a state budget in place. more »
ROCKFORD, Ill. -- Discussion of a proposal to turn the dilapidated former Amerock factory into a four-star Hilton Embassy Suites and conference center was postponed tonight at a city Planning and Development Committee meeting. more »
Ohio University sports financing expert and former player agent Bob Boland sifts through the messy issue of bond financing for NFL stadiums and franchise relocation with Bond Buyer northeast regional editor Paul Burton.