Organization Root Tag

The budget proposal keeps $16.3 billion in reserves and pays down an additional $455 million in debt. While providing $1.1 billion in tax relief to residents, the plan is $4.6 billion lower than the current fiscal year's budget.

Los Angeles Mayor Karen Bass is celebrating her first year in office with infrastructure, business and ESG project announcements.

Judge says U.S. municipal bonds are less secured than people thought.

With a high of $450 billion and a low of $330 billion, no firms currently see issuance surpassing the records hit in 2020 and 2021.

The delays have led to a technical default by the design-build contractor on the $450 million project to design, finance, build, operate and maintain the Thruway's 27 service areas.

The board is asking market participants to submit input on how their rules and practices generally impact small firms.

Moody's, which last rated the state triple-A in 1979, pointed to an economy that's "poised for diversification and growth."

Pennsylvania leads the new-issue calendar with $2.1 billion of GOs in four series via the competitive market while the New York City TFA will bring another $1.4 billion of exempts and taxables.

Bond parties to challenge Judge Swain's ruling saying they do not have a lien on revenues, among other things.

City Controller Chris Brown called for more due diligence on financing plans for a $2.6 billion project to renovate Bush Intercontinental Airport's Terminal B.

The first fees filed under the MSRB's new rate card model are in line with expectations,but its long term budget growth has some worried about its future.

Anne Marie Pippin, associate director in the Federal Housing Finance Agency's Office of Financial Technology, weighs the forces shaping the industry's future.

Earnings from the city's nine casinos and two internet-based gambling services fell year-over-year but remained above 2019 levels, a state regulator said.

"There weren't many exemptions made to paying the fee, which should help maximize revenues and make them more predicable when considering leveraging this new revenue stream for infrastructure improvements," said Howard Cure of Evercore Wealth Management.

Swain rejects five bondholder arguments, bringing approval of the Oversight Board's plan of adjustment nearer.

The city may also issue an RFP for underwriters, though the timing is not set, said CFO Jill Jaworski.

Delayed over the summer amid rising interest rates, Miami-Dade County is now set to come to market with its taxable revenue bond sale for PortMiami.

All eyes are on the Federal Reserve and monetary policy. Join us as Scott Anderson, chief U.S. economist and managing director at BMO Economics, breaks down the latest FOMC meeting.

Pierluisi says there's more to the island's growth than federal funds. Bondholders said that means the Puerto Rico Electric Power Authority can afford to pay them more.

The downgrade of Issaquah School District 411 to Aa1 affects $670 million in debt.