News and Information from Bond Buyer

The retirement proposal also attempts to clarify the definition of riskless transactions, which are common in the muni market.

The Port Authority's proposed 2024 budget of $9.3 billion includes capital spending of $3.6 billion, above levels set pre-pandemic for the first time.

At this year's event, we will induct late Tim Schaefer, Deputy State Treasurer for California, into The Bond Buyer's Hall of Fame. Daniel Wiles, Assistant Treasurer at the Los Angeles County, will provide a few remarks.

BofA Global Research strategists said they believe peak muni yields in this Fed tightening cycle were attained in October 2023 and "the bull market for munis is underway." 

The municipal dashboard solves three challenges: bond linkage, pricing and spread aggregation.

The process of turning the data into a usable form takes time and can be compounded by the difficulty of extracting what data there is and the format used by issuers in documents, like official statements, disclosures and other financials.

The Bay Area Rapid Transit was highlighted in the report on agencies still struggling.

The projects range from airports to ports and transit-oriented development.

Great American traditions

Water situation in California and management through some pretty complex situations and options for that, including desalination.

Common wisdom held that people who work in the public sector might not earn salaries on par with private sector peers, but they could retire after 30 years with a bulletproof pension that would ensure security in their retirement years.

The law, as Emily was explaining, it covers eight different agencies and each agency is represented the same way in the language. And so for this piece of it, it's very vague, just municipal reporting.

Taken up countless pages in both mainstream media as well as the Bond Buyer has been the transit fiscal cliff that's affected agencies around the country and certainly here in California.

Our first session of the conference is the State of the Union latest trends in public finance market developments and projections from the industry veterans.

Without a lot of additional state and federal aid, New York City is forecasting it will spend about $12 billion in costs related to the influx of migrants to the city in fiscal years 2023, 2024 and 2025.

Bennett joins the university as associate vice president of finance under CFO Ivan Samstein, former Cook County CFO.

Mayor Eric Adams says the city has a safe and effective way to use artificial intelligence throughout municipal government while protecting against the risks.

From a dramatic rise in interest rates, market volatility to plummeting bond volume, massive municipal bond outflows, which among other factors have put a lot of stress on this industry.