News and Information from Bond Buyer

California treasurer Fiona Ma named Nancee Robles to head the California Tax Credit Allocation Committee and California Debt Limit Allocation Committee.

The case is significant because so many municipal market participants rely on audited financial statements.

The COVID-19 pandemic didn't delay the deal but it did influence the structuring of the new money and refunding deal.

The deal continues to offer better recoveries for the guaranteed Public Building Authority debt than for general obligation debt, but trading of the GOs blew up with more than $180 million exchanging hands to higher prices.

The charges against Ricky Mantei stem from allegations of prearranged trading in violation of his firm's established procedures.

Jonathan Bowles of Center for an Urban Future explores how New York City could benefit from a green public works program. He also calls for unlocking the potential of CUNY and improving the city's capital construction process. Paul Burton hosts (17 minutes).

Political uncertainty will elevate bond price volatility for those issuers more dependent on fiscal support. Still, the broader market will benefit from support for education, transportation, and healthcare sectors.

The city relies on the levy as a whole for 43% of its general fund revenue amid a national debate over work-from-home dynamics that could reach the U.S. Supreme Court.

The rating agency called the commonwealth's proposed rainy day fund withdrawal moderate.

Reducing tax fraud is one of the goals of the fiscal plan approved by the Puerto Rico Oversight Board in May.

Data released Monday showed economic strength with further improvement ahead. U.S. Treasuries were off by five basis points but municipals saw aggressive eight to 10 basis point swings to higher yields across the curve.

Disneyland amusement park in Anaheim has been closed since March as California struggled to reduce its COVID-19 numbers.

Gov. J.B. Pritzker is still mulling action on legislation Mayor Lori Lightfoot says will add to the city's considerable fiscal burdens.

Leveraging technology for the creation and distribution of both companies’ products while also providing transparency and educational tools for financial advisors, institutions and issuers, is key to the merger.

The deep freeze, and Texas power market structure, left the state's public utilities with sky-high wholesale power bills and a trail of burst water pipes.

Mainstreaming some emergency measures would provide the Department of Design and Construction more contracting flexibility, said first deputy commissioner Jamie Torres-Springer.

San Francisco Unified School District's rating was lowered a notch to Aa3 by Moody's Investors Service.

Muni yields rose another five basis points on the 10- and 30-year, bringing the total cuts to scales to 18 and 17 basis points, respectively, from Tuesday as the asset class moved closer to UST movements after lagging that market since the start of the year.

Illinois Gov. J.B. Pritzker's budget proposal, rosier revenue estimates and the prospects of more federal aid are only short-term salve for the state's long-term fiscal strains.

All three phases of Maryland's public-private partnership would make it the largest P3 in the world.