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Council Speaker Corey Johnson hints budget talks will go down to the wire.
May 8 -
The Pritzker administration says it can now afford to make the full originally scheduled pension contribution without re-amortizing the funding timetable.
May 8 -
New expectations for disaster funding, gross national product growth rates, and population may change projections of money for debt.
May 8 -
The port's initiative is a credit-positive approach to the risk of online attacks, according to Moody's Investors Service.
May 7 -
Municipal bond buyers saw several large competitive deals come to market on Tuesday.
May 7 -
The Treasury and Internal Revenue Service sent the final regulation to the White House Office of Management and Budget over six weeks ago.
May 7 -
The New Jersey governor is using an unexpected tax collection surge to boost his push to hike income tax rates for the highest earners.
May 7 -
A graduated income tax could lay the groundwork for Illinois to rebuild its credit quality — but only if done right, according to the rating agency.
May 7 -
President Trump’s tariff threats may trigger a flight to quality to the benefit of the municipal bond market.
May 7 -
Chicago and its pension funds dispute whether the city is meeting its obligations; the city says the state comptroller is too quick to believe the funds.
May 7 -
Carl McCall, a former New York State comptroller and Democratic candidate for governor, reflects on what molded his many years of public service starting with enduring the challenges of growing up in a segregated Boston neighborhood to the recent experience of chairing the State University of New York Board of Trustees. Andrew Coen hosts.
May 7 -
Assured Guaranty CEO Dominic Frederico said at the recent AFGI Puerto Rico Bankruptcy Risk Summit that "the open disregard of law" among public officials in Puerto Rico "could give public officials elsewhere reasons to believe they could escape their obligations."
May 7 -
James Spiotto, Managing Director at Chapman Strategic Advisors, explains why he believes U.S. district court Judge Swain's decision on special revenue bonds was wrong, and the impact it may have on revenue bond issuance, at the recent AFGI Puerto Rico Bankruptcy Risk Summit.
May 7 -
Thirty-five local plans carry a combined unfunded liability of roughly $2.5 billion, a slight increase from last year, a state report says.
May 7 -
KBRA senior managing director William Cox, when discussing lessons learned from the Puerto Rico debt crisis at the recent AFGI Puerto Rico Bankruptcy Risk Summit, noted that the behavior of management sends "strong signals regarding credit character," in this case "chronically late financial statements."
May 7 -
At the recent AFGI Puerto Rico Bankruptcy Risk Summit, Matt Fabian, partner and lead analyst at Municipal Market Analytics, noted that investors "would like to have more distinguishing between credits, but market realities limit their ability to do so."
May 7 -
Adam Bergonzi, Chief Risk Officer of National Public Finance Guarantee, said at the recent AFGI Puerto Rico Bankruptcy Risk Summit that the event was created as a rebuttal to an "oft-heard sentiment" that the commonwealth's bankruptcy was an anomaly.
May 7 -
Jennie Huang Bennett is seen as the front-runner as the municipal bond market awaits the Chicago mayor-elect's fiscal picks.
May 6 -
Critics pointed to the agreement's failure to lower operating costs and its "very favorable" treatment of Assured Guaranty.
May 6 -
A mechanism for taxing internet sales on out-of-state sellers could mean an additional $850 million of revenue for Texas, according to legislative analysis.
May 6


























