News and Information from Bond Buyer

The record May tax revenues are a product of a strong economy and 2017 revenue legislation, said Ken Miller, the state treasurer.

A quarter of municipal bond issuance so far this year carried just one rating agency opinion, heightening uncertainty over credit quality for some investors.

The three agencies that rate Illinois are watching to see how well assumptions in the budget play out during the fiscal year.

The Government Finance Officers Association said Tuesday it generally supports most of the recommendations an SEC panel plans to discuss in Atlanta later this week.

Municipal bonds weakened Tuesday ahead of the Federal Reserve’s monetary policy meeting as new supply headed into the marketplace.

The City Council approved a budget that includes $559 million for infrastructure.

A $3 toll hike will raise $4.45 billion for transportation projects.

A brief period of peace between the Oversight Board and the governor may soon end.

The federal government ran a $146.8 billion deficit in May, the Treasury Department reported Tuesday.

The New Jersey Transportation Infrastructure Bank was approved by state lawmakers in April.

Municipal bonds weakened Tuesday ahead of the Federal Reserve’s monetary policy meeting as new supply headed into the marketplace.

In a special Bond Buyer audio production, we explore the lingering legal and social issues behind the U.S. v. Carollo, Grimm and Goldberg municipal bond case, and its overturn on appeal. Paul Burton hosts.

During more than a half century in the municipal bond business, Edward A. Moos was proprietor of E.A. Moos & Co. and a past governor of the Municipal Bond Club of New York.

The handshake deal boosts reserves, funds a "fair fares" discount for low-income subway riders for one year and provides Fair Student Funding for city schools.

The Senate Banking Committee Tuesday advanced the nominations of Richard Clarida and Michelle Bowman for seats on the Federal Reserve Board of Governors.

The Illinois Municipal Retirement Fund's new power to intercept Harvey's pool of state revenues complicates settlement efforts with the city's public safety funds.

Small business optimism gained in May, reacting to tax cuts and regulatory changes, while nearly one in five respondents expect to raise prices.

The proposed rules would clarify that an institutional investor could take part in a public-private partnership for a bond-financed project without making the bonds taxable.

An advisory panel suggested modifying the fee structure for tax law violations to encourage more issuers to self-report them.

Muni bond buyers were wary ahead of this week’s smaller-than-average new issue calendar as Federal Reserve policy makers gathered.