The Latest

• BDA to hire two new lobbyists, promote staffer

  

  BDA is bolstering its federal legislative and regulatory policy staff.

  Bonds Lynn Hume 8h ago

  Bonds Lynn Hume 8h ago

• Unfunded pension, OPEB liabilities of state governments rose in 2016, S&P Global reports

  

  Pension pre-funding dropped to 68% in fiscal 2016 compared to an average of 75% the year before.

  Public pensions Brian Tumulty October 18

  Public pensions Brian Tumulty October 18

• Web Seminar Recent developments in pension obligation bonds

  Increases in unfunded pension liabilities are a widespread problem affecting many public entities’ budgets, ratings and borrowing capacity, which also impacts their capital improvement programs.

  Pension obligation bond

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  Pension obligation bond

• Municipals end mixed as NYC TFA, Massachusetts deals sell

  

  Municipal bonds finished mixed in trading on Wednesday as issuers in New York and Massachusetts came to market.

  Primary bond market Chip Barnett October 18

  Primary bond market Chip Barnett October 18

• Outlook turns negative for five Texas utility districts in Harvey's wake

  

  S&P Global Ratings assigned negative outlooks to the five special purpose districts due to flood damage.

  Ratings Richard Williamson October 18

  Ratings Richard Williamson October 18

• NYC comptroller Stringer, challenger Faulkner mix it up in debate

  

  New York City Comptroller Scott Stringer cited pension fund gains while challenger Michel Faulkner said the incumbent doesn't stand up to mayor Bill de Blasio's spending.

  Budgets Paul Burton October 18

  Budgets Paul Burton October 18

• Commission OKs STAR bond plan

  

  The Garden City Commission approved an ordinance adopting the Sports of the World project plan for the STAR Bond Development District, as well as financing to develop it.

  Infrastructure October 18

  Infrastructure October 18