Regional News

The utility responded that it is not eligible to declare bankruptcy.

92% of the holders or insurers of Puerto Rico Electric Power Authority bonds reportedly now oppose the Oversight Board's proposed restructuring deal.

Bondholders say the insurers reneged on the bond insurance terms, which both firms deny in filings for the case, filed six years after the COFINA restucturing.

The three Puerto Rico Oversight Board members can resume their positions immidiately, District Court Judge Maria Antongiorgi-Jordan ruled.

Kutak Rock has added four veteran public finance attorneys and opened offices in Columbus and Cleveland, the firm said Tuesday.

After Immigration and Customs Enforcement agents arrested its superintendent, Des Moines Public Schools is taking a $265 million GO bond measure to voters.

Illinois' Grand Prairie Water Commission went to market Monday in a debut deal as it builds infrastrcture linking the Joliet area with Chicago's water system.

Mayor Brandon Johnson released to City Council a report from accounting firm Ernst & Young with recommendations for closing the city's structural budget gap.

The Southeast Pennsylvania Transportation Authority is facing federal deadlines after a series of fires. 

The city comptroller says Buffalo's finances are in dire shape, and is fighting in court not to issue debt authorized by the mayor and city council.

Its triple-A bonds have recovered after cheapening earlier this year under a pressure campaign from the Trump administration.

The Dormitory Authority of the State of New York and New York City both saw billion-dollar-plus deals oversubscribed. 

California's largest health workers union sent ballot language to state Attorney General Rob Bonta in an effort to add a wealth tax proposal to the November 2026 ballot.

The northern California school district has been struggling for years and on several occasions abandoned plans to consolidate schools, which rating agencies say might have shored up finances.

California's recent tax revenues exceeded forecasts, but the state faces structural deficits that drive budgetary borrowing and have narrowed its reserves.

This will be Charvel's second stint as the city's CFO.

The Virginia Governor's race could put Democrats in charge of all three branches in the Old Dominion, as Abigail Spanberger goes up against Winsome Earle-Sears who has floated tapping the state's rainy-day fund to prop up Medicaid.

Moody's cited the school's weakening liquidity levels in its downgrade.

The city council president is concerned about state bond commission approval.

North Carolina's triple-A ratings were affirmed ahead of plans to sell up to $506 million in general obligation and limited obligation bonds.

Approval by Doña Ana County of $165 billion of industrial revenue bonds for a massive data center project is being challenged in state court.

Voters will decide the fate of 447 bond propositions totaling a record $83.7 billion with development-related districts accounting for most of the debt.

The approval of $650 million of revenue bonds comes in the wake of a recently filed petition seeking to subject the project to voter approval or delay.

The city is gearing up to sell $252 million of general obligation bonds this year and $1.5 billion of revenue bonds in 2026 for a convention center project.