The Latest

The finance director of Aurora, Colorado, takes over as the association's president amid an uncertain post-pandemic landscape.

Bryant spent much time working to empower finance departments trying to pull their respective states, cities and localities out of the pitfalls caused by the COVID-19 pandemic.

The Municipal Securities Rulemaking Board has filed a proposal to change its fee structure to account for prior year market results in a move that will help the board cover budget shortfalls.

High-yield raked in the majority of the flows helped by Nuveen reopening two of its high-yield funds to new investors. Participants remain cautious as macroeconomic effects still hang over the market.

The state's two-year capital budget includes incentives for Intel's $20 billion chip production plants and spending on local and state construction projects.

After next fiscal year, the governor expects both revenues and spending to increase.

Turner & Townsend aims to double its North American growth by 2025 as the Infrastructure Investment and Jobs Act is rolled out.

The SEC charged the town, former mayor Vern Breland, municipal adviser Twin Spires Financial and its owner Aaron Fletcher with misleading investors in connection with bond offerings in 2017 and 2018.

Rating agencies like Gov. Gavin Newsom's focus on one-time spending, but warn that the Legislature could upset the applecart by creating ongoing programs.

While the path back to pre-pandemic office life remains uncertain, a protracted remote work reality may be a harbinger for future credit rating downgrades of cities heavily dependent on commuter-driven revenues.