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The Bond Buyer's Paul Burton and Chip Barnett explore variables and pressure points in advance of the city's FY21 preliminary budget release.

Upcoming negotiated short-term note sales

It has been a couple of years since the market has seen an active January to start the year.

For the next fiscal year, which begins Oct. 1 , the general fund is projected to have $235 million more than estimates made last May, bringing the total to $11.2 billion.

The announcement Monday involved last March’s ruling by the First Circuit Court of Appeals on the Puerto Rico Highways and Transportation Authority’s special revenue bonds.

Transportation advocates focused on new state revenue sources that can place the cash-strapped agency on firmer financial footing.

Gov. Gavin Newsom sent the specialists to aid the commonwealth in rebuilding.

The state expects to set senior and co-manager pools with up to 15 firms each for an initial four-year term.

Two Federal Reserve Bank presidents were positive about the economy in 2020, but offered a look at what worries them.

S&P dropped the the nation's second-most-populous county — one of many Illinois governments struggling with retirement plan funding — to A-plus from AA-minus.