News and Information from Bond Buyer

Florida Gov. Rick Scott has endorsed another record budget for the state: $87.4 billion for fiscal 2019.

County Executive Robert Astorino is keeping up his push for to privatize White Plains airport despite losing his reelection bid.

Smaller not-for-profit hospitals and systems lack the access to taxable debt markets enjoyed by bigger systems.

Today's super ships provide opportunity for ports that make the needed investments.

Two GOP Representatives argued that the Puerto Rico Oversight Board should be given additional powers over the Puerto Rico Electric Power Authority.

The first part of the Chicago Board of Education’s $922 million bond offering came to market on Wednesday as the board’s $64.9 million of dedicated capital improvement tax bonds were priced.

Without tax-exempt private activity bonds, charters would have to turn to more expensive and restrictive capital sources.

Business inventories were unchanged at $1.889 trillion in April, while sales were 1.4% higher at $1.390 trillion, the Commerce Department reported Wednesday.

Drew Smith, a former operative at the Massachusetts treasury, is Boston's new city treasurer.

Two big deals from Illinois issuers are scheduled for sale on Wednesday as the Chicago Board of Education gets set to hit the market with the first part of its double-barreled offering and Illinois toll bonds are slated to be priced.

The Empire State Manufacturing Survey showed "business activity continued to grow strongly in New York State."

Repeal of the health mandate would increase healthcare costs for state and local governments.

If Congress passes the pending tax bills, BABs and more than $85B of mandatory federal programs would be jeopardized.

Approximately $900 million of costs would be financed through sales tax revenue bonds.

Voters' decision to dissolve the Dallas County Schools transportation agency is positive for holders of the agency's junk-rated bonds but negative for noteholders, according to Moody's Investors Service.

The biggest share of the funds, $31 billion, would be used to rebuild homes.

Competitive sales from the states of Washington and Wisconsin and negotiated deals from New York and Illinois issuers dominated Tuesday’s new issue slate.

The repayment of $80 million in lease-backed debt remains entangled in the standoff.

Budget secretary Benjamin Barnes' latest revenue estimate comes two weeks after lawmakers passed a $41.3 billion biennial spending plan.

Daryl Clements, Portfolio Manager of Alliance Bernstein, discusses strategies for sound performance in tobacco, healthcare, senior living, and stressed entity bonds. He focuses on the importance of spreads to relative value. In the wrap up, he focuses on the benefits of active versus passive management. Hosted by John Hallacy.