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GFOA considers a minimum baseline level of reserves to be 16%.

Although up from the worst levels, indicators are not signalling recovery.

With postponing expenditures and the rainy-day fund withdrawal, the state still forecasts a yearend surplus.

The Federal Reserve has already unleashed a barrage of new policies to keep the economy out of depression. Investors reckon it’s lining up another one.

Philip Plotch of St. Peter's University discusses his book, "Last Subway," about the decades-long tussle to complete the New York megaproject. Paul Burton hosts.

Without federal funding, many toll facilities will be forced to comply with bond covenant requirements, which could mean reductions in workforces and delays in capital projects, toll groups said.

The primary supply for the holiday-shortened week is projected to dip to just over $4 billion, with a mix of tax-exempt and taxable issuance led by Colorado’s $500 million of certificates of participation.

Red tape and the need for more funding has slowed the process, according to the NLC.

Moody's Investors Service cut the Catholic college in New Jersey to Baa1 citing its rising debt burden.

The Fourth Circuit Court of Appeals found the state improperly valued CSX's land.