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Illinois' net position for governmental activities remains deep in the red but after years of falling further behind, it trimmed the gap in fiscal 2022.
February 2
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The $10,000 state and local tax deduction cap is an important issue for high tax states like New York and California and investors who trade paper from those states.
February 2
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The budget "starts and ends with the housing and homelessness crisis because housing is fundamental to everything else in a person's life," said Gov. Tina Kotek.
February 2
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The political uncertainty could eat into the number of "clean weeks" for issuance, said Citi's Vikram Rai.
February 2
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"This settlement offer allows you to settle for payment in the form of new bonds of approximately half your claims," the Puerto Rico Oversight Board said.
February 2
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"Our budget proposal not only builds on the successes of the past four years, but ensures that Florida will continue to thrive," said Gov. Ron DeSantis.
February 2
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Energy production taxes slowed or fell last month, with the oil tax generating $486 million, which was 14% higher than in January 2022, and natural gas tax revenue falling 13% at $322 million.
February 2
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Bolingbrook called the GO cut to BBB-plus from AA an attempt "to cause a de facto conversion" of a special sales tax district's debt to a general obligation.
February 1
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"Investors are acknowledging that the Fed is nearing the end of its rate tightening cycle which is supporting a relief rally in stocks and lower bond yields, said Bryce Doty, senior vice president at Sit Investment Associates.
February 1
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The Department of Agriculture announced that 64 projects by power cooperatives and utility companies to improve rural power systems were approved for loans.
February 1
