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The deficits for the next two fiscal years remain unaddressed.
June 30
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Gov. John Carney signed a $703 million capital bond bill for fiscal 2021 that was reduced by $185 million due to revenue losses caused by the COVID-19 pandemic.
June 30
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Municipal bonds were little changed as the first half of a tumultuous year comes to a close.
June 30
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Long Island county looks to offset COVID-19-related revenue losses.
June 30
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Chicago’s net pension liabilities rose to $31.8 billion in 2019 from $30.1 billion.
June 30
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New Highways and Transportation Authority plan is more pessimistic about debt-service payment.
June 30
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Fed Chair Jerome Powell told House Financial Services Committee Chairwoman Maxine Waters that the Fed was looking at ways to adjust the Municipal Liquidity Facility to make some additional issuers eligible.
June 30
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The local government's inertia and PROMESA's unwieldy structure, along with natural disasters and a global pandemic, have impeded Puerto Rico's recovery.
June 30
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New York City's dynamics include closing an estimated $9 billion revenue gap due to COVID-19 and the volatile matter of police funding.
June 30
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The municipal market saw a $40 billion-plus month for the second time this year, as issuers flooded the market with bond sales during the month of June.
June 30
