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Two of Iowa's top elected officials are at odds over whether state government should use short-term borrowing to head off potential cash-flow problems that could delay school aid payments or meeting other obligations on time in 2018.
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Volume in the primary municipal bond market is expected to decline to fewer than $4 billion of bonds issued, a typical slowdown following a holiday weekend.
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The signing of Illinois Senate Bill 1947 alleviates the uncertainty for schools created by the multiyear state budget stalemate and recent veto, Standard & Poor’s said.
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The immense financial impact of the storm is becoming apparent.
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The UT system will offer investors a choice of taxable or tax-exempt debt as it prices $600 million of bonds.
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Municipalities object to a report by Gov. Dannel Malloy's budget office that defends the level of state aid.
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Challenger Nicole Malliotakis called the post-Sandy program “one of the monumental failures” of Bill de Blasio's administration
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An Alabama group wants the justices to rule on a state law backing the county’s recent refunding deal.
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Posey County, Ind., agreed to give a developer tax increment revenues to repay its bonds.
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Top-shelf municipal bonds were stronger in late morning activity, according to traders, who are looking ahead to next week’s holiday-light calendar. Ipreo estimates total bond volume for next week at $3.86 billion.
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