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Chicago had a $219 million surplus at fiscal year's end 2025, despite declines in governmental activities' net position and in investments after moves to boost liquidity.
July 2
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Puerto Rico's debt and budget situations have improved but its political culture and economic trajectory haven't, many observers say.
July 2
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Illinois-based Bernardi Securities released an Environmental Risk Index that gauges relative environmental risk within municipal bond portfolios.
July 1
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"We're basically engaging more of the bond market ecosystem in everything we do," said Mike Nicholas, CEO of the Bond Market Association.
July 1
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A smoke-covered east Los Angeles for days evoked images of last year's wildfires that decimated the city. Cleanup around the massive cold storage facility is expected to take months.
June 30
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Grace Martinez steps into the president's office at the Government Financial Officers Association hoping to continue the organization's membership expansion.
June 30
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Prepay energy borrowings may not generate promised savings.
June 30
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Artificial intelligence is changing the world, including the way bond issuers are dealing with disclosures to investors and relations with the Security and Exchange Commission.
June 30
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Municipal bond professionals discuss the value of using munis to finance infrastructure for the World Cup.
June 29
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Stonepeak Partners will pay $2.5 billion to buy the remainder of the lease of Chicago's parking meters. The 2008 lease runs through 2084.
June 29
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Issuance is on pace for another year of record supply even as factors driving credit spreads change, Center for Municipal Finance Director Justin Marlowe said.
June 29
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The Municipal Securities Rulemaking Board's EMMA website is getting a revamp this year, Chief Product Officer Brian Anthony told a GFOA committee.
June 29
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Uncertainty about the fate of the bipartisan housing bill, advance refunding, and a new take on Build America Bonds is raising hopes and concerns among issuers.
June 29
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"It was a revelation to me, reflecting on how much GFOA has influenced my career," Lunda Asmani said.
June 29
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Conners & Co. consented to FINRA's findings without admitting or denying them.
June 26
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The outlook revision to stable from negative follows the city's adoption of a fiscal 2027 budget with structural changes that greatly reduced a shortfall.
June 26
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Washington Gov. Bob Ferguson said the economic council will build on other efforts he has championed to decrease permit housing times and encourage construction.
June 26
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While California has improved the timeliness of its audited comprehensive financial reports, Nevada continues to struggle.
June 26
