News and Information from Bond Buyer

Long Island’s Nassau County is staring at its lowest budget deficit in four years, according to its state fiscal control board.

The last of the large municipal bond deals came to market on Thursday, led by a $1.5 billion healthcare offering from Ohio.

Proceeds from a $40.64 million multifamily conduit revenue bond issue will benefit the residents of the Georgia King Village Project.

Fitch Ratings said it won't lower its ratings because of JEA's litigation attempting to shed a power purchase agreement with Georgia's MEAG.

The city is also considering its first general obligation bond issue since 2017.

Regulators already have a template around which to build an exemption from Volcker for tender option bonds, wrote SIFMA's Michael Decker.

Only two Michigan school districts remain under state oversight.

Proposition 4 would authorize $1.5 billion in state GO bonds for 13 childrens' hospitals around the state, eight of them private nonprofits.

The MSRB needs to better explain the mock advertisements in its compliance resource, a pair of industry groups told the board this week.

Things began to quiet down in the municipal bond market on Thursday, as most of the big deals have come and gone for the week.

With uncertainty about the tools used to measure the economy, Federal Reserve Board Vice Chair for Supervision Randal Quarles said Thursday, it is important to map out a monetary policy strategy and stick to it.

To combat the challenge, many municipalities have turned to creating OPEB trusts to fund the liabilities.

Andrew Kleine discusses his new book “City on the Line,” which takes readers through his rollercoaster 10-year run as Baltimore budget director — from arriving amid the Great Recession, working with Mayor Stephanie Rawlings-Blake in the lead up to the 2015 riots and implementing outcome based budgeting to achieve a fiscal turnaround. Hosted by Andrew Coen.

"I thought their approach was novel," Connecticut Lottery Corp. President Gregory Smith said of New Jersey's maneuver to boost pension funding.

The composite of the Leading Economic Index was up 0.5% in September following a 0.4% gain in August, the Conference Board said Thursday.

A modernized version of the Taylor rule suggests keeping the fed funds rate target near current levels through 2021, Federal Reserve Bank of St. Louis President James Bullard said Thursday.

Manufacturers report expansion at a slightly slower rate in October, and the Federal Reserve Bank of Philadelphia Report on Business respondents reported price indexes were “lower than their readings for most of this year.”

Rahm Emanuel, who is not seeking re-election, offered a budget with no tax increases or answers to long-term pension funding questions.

Kelly Jin, a former White House adviser, will work to streamline analytical and data practices in the Big Apple.

California competitively sold nearly $900 million of bonds while the Salt Lake City airport deal was priced in the negotiated sector.