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The mayor's plan to balance the fiscal 2027 budget relies heavily on proposed revenue-raising moves involving the combined utility system enterprise fund.
May 12
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The Supreme Court decision that changes the provisions in the Voting Rights Act adds legal risk for state and local governments.
May 11
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The FOMC meeting will be interesting as Kevin Warsh takes the chair. KBRA Chief Strategist Van Hesser will review the meeting, the presser and the new dot plot.
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Market Intelligence analyst Jeff Lipton distinguishes impairment from default in unenhanced conduit multifamily credits and explains how occupancy declines, covenant breaches and reserve draws can trigger severe price discovery long before a payment miss occurs.
May 11
The Bond Buyer -
The Manhattan-based Ivy League university reached a settlement with the federal government last year. It is selling $487 million of bonds this month.
May 11
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Public finance professionals need to contemplate uncertainty as they work with municipal issuers to help them plan and meet their needs.
May 8
BKC Group -
New research from The Bond Buyer finds the federal policy environment once again threatens the tax-exempt status for municipal bonds.
May 8
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Mayor Karen Bass introduced a multi-year comprehensive plan, saying it is a first for a city that for too long had a fragmented approach to infrastructure.
May 8
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"MSRB's strategic plan was shaped by the many conversations we've had with stakeholders from across the municipal securities market," MSRB CEO Mark Kim said.
May 7
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The bond sale follows an upgrade by S&P Global Ratings but comes while the city is in the midst of an extreme drought.
May 7
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Senior bonds most recently traded for 30 cents on the dollar.
May 6
