News and Information from Bond Buyer

Chicago Public Schools borrowed $500 million after doubling the size of its GO offering.

Philadelphia’s new five-year fiscal strategy was endorsed by City Controller Alan Butkovitz.

Consumer credit increased by $18.5 billion in May to $3.842 trillion, the Federal Reserve reported Monday.

Allegations of fiscal mismanagement landed a California school district on negative watch.

Low-interest federal TIFIA loans cut borrowing costs for West Coast transportation agencies.

Pennsylvania state leaders are still negotiating how to fund their new budget.

Massachusetts legislators finally agreed to terms on a $40.2 billion budget for fiscal 2018.

Boulder, Colo. hopes to succeed where many other local governments have failed.

Municipal bonds were mixed at mid-session, according to traders, who are set to see a chunky new issue slate head to market this week. Volume is estimated at $9.29 billion, composed of $7.94 billion of negotiated deals and $1.35 billion of competitive sales.

After two years Illinois finally got a budget, but this week the municipal bond market will be eying the state’s credit rating.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 1.040% high rate, down from 1.045% the prior week, and the six-months incurred a 1.125% high rate, off from 1.130% the week before.

Providence, R.I., will host the 2019 National Association of State Treasurers' Treasury Management Training Symposium.

The Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday.

Consumers’ inflation expectations fell in the short-term, but rose over a longer period, according to the June Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.

Breaking a record two-year budget impasse drove a dramatic easing of Illinois' spread penalties.

Michael Post will take on the role of chief legal officer after Bob Fippinger leaves this month.

The Federal Reserve’s Labor Market Conditions Index, a compilation of 19 labor market measures, dropped 1.8 points in June to 1.5, following a 0.5-point decline in May.

The Conference Board's Employment Trends Index (ETI) slid to 133.07 in June from a downwardly revised 133.32 in May, the group announced Monday.

New York City's comptroller called for a $3.5 billion bond measure to fund mass transit improvements.

Municipal bond traders are set to see a chunky new issue slate head to market this week. Volume is estimated at $9.29 billion, composed of $7.94 billion of negotiated deals and $1.35 billion of competitive sales.